France is facing a significant political crisis as the newly appointed Prime Minister Sebastien Lecornu and his cabinet resigned just hours after their announcement, marking the shortest tenure in modern French history. This unexpected move has sent shockwaves through the financial markets, causing stocks and the euro to plummet. The situation highlights the instability within French politics and raises concerns about the government's ability to effectively lead, which is crucial for both domestic and international confidence.

French markets experienced a significant downturn following the resignation of Prime Minister Sebastien Lecornu, as reported by local media. This selloff saw sharp declines in French stocks, an increase in government bond yields, and a drop in the euro's value. The widening premium for French government debt compared to German bonds indicates growing investor concern. This situation is crucial as it reflects instability in the French political landscape, which could have broader implications for the economy and investor confidence.