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Macron Appoints Sébastien Lecornu as New Prime Minister to Tackle 2026 Budget
Financial MarketsFrench PoliticsUpdated 11 hours ago

Macron Appoints Sébastien Lecornu as New Prime Minister to Tackle 2026 Budget

French President Emmanuel Macron has appointed Sébastien Lecornu as the new Prime Minister, with the primary task of building consensus on the 2026 budget. Following the ousting of François Bayrou, Lecornu faces the challenge of securing parliamentary approval amidst concerns over France's high fiscal deficit, which is currently the highest in the EU.

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France's new PM tasked with forging consensus on a 2026 budget
NeutralFinancial Markets
French President Emmanuel Macron has appointed Sébastien Lecornu as the new Prime Minister. Lecornu's main task is to build consensus on the 2026 budget following the ousting of François Bayrou. France's fiscal deficit is already the highest in the EU, and if the current budget is extended, it may worsen.
Macron appoints ally Sébastien Lecornu as France’s prime minister
PositiveFinancial Markets
French President Macron has appointed Sébastien Lecornu as the new Prime Minister. Lecornu faces the challenge of securing parliamentary approval for the upcoming budget.
Editor’s Note: This appointment is significant as it reflects Macron's strategy to strengthen his government. Lecornu's ability to navigate parliamentary challenges will be crucial for the administration's financial plans.

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