AFP reports that France's political crisis is becoming increasingly severe. French new Prime Minister Lecorn appointed a new cabinet on Monday morning, originally scheduled to hold the first cabinet meeting on Monday afternoon, but 14 hours later, the new prime minister resigned. As a result, President Macron held new talks with Lecorn that evening and gave him two days to develop a plan to "stabilize" the country.

Lecorn's 27-day tenure was the shortest in modern French history for a prime minister. On Monday morning, he stated, "The conditions for fulfilling my duties as prime minister have not been met." He condemned the "partisan selfishness" of various factions and said these factions forced him to resign. Lecorn previously served as the Minister of Defense and was a close ally of Macron, known for his caution and loyalty. On September 9, Macron appointed the 39-year-old Lecorn as Prime Minister.

Originally, Macron hoped that Lecorn could alleviate domestic crises, allowing Macron himself to focus on international affairs, especially cooperation with the United States to end Russia's war against Ukraine. Lecorn faced an arduous task of securing approval for the tight budget for next year in a severely divided parliament. His two predecessors, Berl and Barnier, were removed by the legislative body due to a deadlock over spending plans, and Lecorn also faced the same fate.

Last week, official data showed that France's public debt has reached a historical high. The ratio of France's debt to GDP is currently the third highest in the EU, behind Greece and Italy, and is approaching twice the EU's allowed limit of 60%.

Macron has rejected calls for new parliamentary elections and ruled out the possibility of resigning before the end of his term in 2027.

Lecorn's resignation has exacerbated the ongoing political crisis in France that has lasted more than a year. AFP said that such chaos occurred before the 2027 presidential election. It is expected that this presidential election will become a historic crossroads in the French political arena. The far-right party led by Le Pen believes this is their best opportunity to govern. Le Pen stated that Lecorn's resignation was a "wise move," but also urged early legislative elections, calling it "absolutely necessary."

Comment: Lecorn's resignation is another serious manifestation of the political crisis in France, highlighting the deep-seated contradictions within the country's political system. Lecorn resigned after just 27 days in office, becoming the shortest-serving prime minister in the Fifth Republic, reflecting the current situation of a divided parliament and intense factional struggles. The controversy over the list of new government members was just a spark, but the fundamental reason lies in the fact that all parties are only concerned with their own interests, especially the 2027 presidential election, completely ignoring the national interest, which has made important issues such as the budget impossible to advance.

The French parliament is in a tripartite structure of left-wing, centrist, and far-right factions. Each party is unwilling to compromise on core issues, claiming majority status, leading to the inability to implement even basic policies.

The worsening political crisis in France has caused chaos in the Paris stock market, negatively affecting the French economy. The yield on France's 10-year government bonds surged more than 9 basis points during the day, and the CAC40 index in Paris opened down 2%, highlighting the market's concern about the prospects of France's political and economic situation. Macron's refusal to hold new parliamentary elections or resign early has made the political stalemate difficult to break in the short term, and France may fall into a vicious cycle of "political turmoil - stalled reforms - intensified crisis." The far-right party is trying to take advantage of this chaotic situation to gain a favorable position for the 2027 presidential election, making the future of French politics full of uncertainty.

Original: www.toutiao.com/article/1845288734447752/

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