Macron Faces Political Crisis After French PM's Sudden Resignation

France is currently engulfed in a severe political crisis following the abrupt resignation of Prime Minister Sébastien Lecornu less than 24 hours after forming his new government, the fourth prime minister to leave under President Emmanuel Macron in under a year. This resignation has been attributed to Lecornu's inability to build consensus in a deeply fractured parliament, with Macron's cabinet largely unchanged, sparking widespread criticism and calls from opposition leaders like Marine Le Pen for new elections or Macron's resignation. The political instability has rattled markets, causing French bond yields to rise due to increased fiscal risk. Macron's decision to call snap elections in 2024 resulted in a hung National Assembly and ongoing minority governments, reminiscent of the political turmoil France experienced in the 1950s before de Gaulle's reforms. Observers note Macron’s leadership is weakening as he struggles with an uncooperative legislature and rising disaffection with democracy, facing opposition from both far-right and left-wing factions. The current deadlock leaves Macron with limited options: appoint a new prime minister, call early elections, or, though publicly ruled out, consider resignation, while the country grapples with economic stagnation and escalating debt.