The French Political Ongoing Crisis: The Dawn of a Fresh Governmental Reality

Back in October 2022, when Rishi Sunak assumed office as the UK's leader, he was the fifth UK leader to occupy the role over a six-year span.

Triggered in the UK by Britain's EU exit, this signified unprecedented political turmoil. So how might we describe what is occurring in France, now on its sixth prime minister in 24 months – with three in the past 10 months?

The current premier, the newly reinstated Sébastien Lecornu, may have secured a temporary reprieve on Tuesday, sacrificing Emmanuel Macron’s flagship pensions overhaul in return for support from Socialist lawmakers as the cost of his administration's continuation.

But it is, at best, a short-term solution. The EU’s number two economic power is locked in a political permacrisis, the likes of which it has not experienced for many years – perhaps not since the establishment of its Fifth French Republic in 1958 – and from which there seems no easy escape.

Minority Rule

Essential context: ever since Macron initiated an ill-advised snap general election in 2024, the nation has had a divided assembly separated into three warring blocs – left, far right and his own centre-right alliance – without any group holding a clear majority.

At the same time, the nation faces twin financial emergencies: its national debt level and budget shortfall are now almost twice the EU limit, and strict legal timelines to approve a 2026 budget that at least begins to rein in spending are nigh.

Against that unforgiving backdrop, both the prime ministers before Lecornu – Michel Barnier, who served from September to December 2024, and François Bayrou, who took office from December 2024 to September 2025 – were ousted by the assembly.

In mid-September, the leader named his trusted associate Lecornu as his latest PM. But when, a little over two weeks ago, Lecornu presented his government team – which turned out to be largely unchanged from before – he faced fury from allies and opponents alike.

To such an extent that the following day, he resigned. After just 27 days in office, Lecornu became the briefest-serving prime minister in recent French history. In a respectful address, he cited political rigidity, saying “party loyalties” and “certain egos” would make his job all but impossible.

Another twist in the tale: just hours after Lecornu’s resignation, Macron asked him to stay on for two more days in a last-ditch effort to secure multi-party support – a task, to put it gently, not without complications.

Next, two ex-prime ministers openly criticized the embattled president. Meanwhile, the far-right National Rally (RN) and radical left France Unbowed (LFI) refused to meet Lecornu, promising to vote down any and every new government unless there were snap elections.

Lecornu persisted in his duties, talking to everyone who was prepared to hear him out. At the end of his 48 hours, he went on TV to say he thought “a solution remained possible” to prevent a vote. The president’s office announced the president would appoint a new prime minister 48 hours later.

Macron honored his word – and on that Friday reappointed Sébastien Lecornu. So this week – with Macron commenting from the wings that the country’s rival political parties were “fuelling division” and “entirely to blame for the turmoil” – was Lecornu’s critical test. Would he endure – and is he able to approve the crucial budget?

In a critical address, the young prime minister outlined his financial plans, giving the Socialist party, who detest Macron’s controversial pension changes, what they were expecting: Macron’s flagship reform would be frozen until 2027.

With the conservative Les Républicains (LR) already supportive, the Socialists said they would not back censorship votes proposed against Lecornu by the extremist factions – meaning the government should survive those votes, scheduled for Thursday.

It is, nevertheless, by no means certain to be able to approve its €30bn austerity budget: the PS explicitly warned that it would be seeking more concessions. “This move,” said its leader, Olivier Faure, “is just the start.”

Changing Political Culture

The problem is, the greater concessions he makes to the left, the more opposition he'll face from the right. And, like the PS, the right-leaning parties are themselves divided over how to handle the new government – some are still itching to topple it.

A look at the seat numbers shows how tough Lecornu’s task – and future viability – will be. A combined 264 lawmakers from the far-right RN, LFI, Greens, Communists and UDR want him out.

To achieve that, they need a 288-vote majority in parliament – so if they can persuade just 24 of the PS’s 69 deputies or the LR’s 47 (or both) to vote with them, Macron’s fifth unstable premier in 24 months is, similar to his forerunners, finished.

Few would bet against that happening sooner rather than later. Although, by an unlikely turn, the divided parliament musters collective will to approve a budget this year, the outlook afterward look bleak.

So is there a way out? Early elections would be doubtful to resolve the issue: polls suggest pretty much every party bar the RN would see reduced representation, but there would remain no decisive majority. A fresh premier would face the same intractable arithmetic.

An alternative might be for Macron himself to resign. After a presidential vote, his successor would disband the assembly and hope to secure a parliamentary majority in the following election. But this also remains unclear.

Polls suggest the next occupant of the Elysée Palace will be Le Pen or Bardella. There is at least an odds-on chance that France’s voters, having elected a far-right president, might think twice about handing them control of parliament.

In the end, France may not escape its predicament until its leaders acknowledge the changed landscape, which is that clear majorities are a thing of the past, absolute victory is obsolete, and negotiation doesn't mean defeat.

Many think that transformation will not be feasible under the country’s current constitution. “This is no conventional parliamentary crisis, but a crise de régime” that will endure indefinitely.

“The system wasn't built to encourage – and even disincentivizes – the emergence of governing coalitions typical across Europe. The Fifth Republic could be in its final stage.”
Amber Dorsey
Amber Dorsey

Rafaela Silva is a seasoned betting analyst with over a decade of experience in the Portuguese gaming industry, specializing in odds analysis.