France Faces Political Crisis as PM Bayrou Seeks Confidence Vote

French Prime Minister François Bayrou has called a confidence vote for September 8, putting the survival of his minority government at serious risk amid deep political divisions and widespread opposition. Bayrou's debt-cutting strategy has drawn fierce criticism from major parties, including the Socialists and far-right factions led by Marine Le Pen, who are united in efforts to unseat him, raising the prospect of a snap parliamentary election. The political uncertainty has unsettled financial markets, increasing bond yields and investor concerns about France's economic stability and the potential need for IMF intervention. Bayrou framed the confidence vote as a critical choice between stability and chaos, emphasizing national responsibility despite facing bleak odds for retaining support, especially since Socialist leader Olivier Faure has ruled out backing his administration. This political crisis unfolds just before planned nationwide strikes, evoking memories of the 2018 Yellow Vest protests and highlighting the fragility of public support for the government’s reforms. Observers warn that whether the government falls or survives, France is poised for a period of destabilization with significant implications for its political and economic future.