French lawmakers vote to oust Prime Minister Michel Barnier in a historic no-confidence vote, dealing a blow to President Emmanuel Macron. Barnier, who survived an earlier vote, forced to step down after pushing through a budget without legislative approval. New elections cannot be held until next summer, and a caretaker government must pass emergency laws to manage national debts and salaries.
Key Points
First no-confidence vote to topple French government since 1962
President Macron faces challenges in appointing a new prime minister and navigating a split National Assembly
Barnier's tenure as prime minister cut short after pushing through budget without legislative approval
Caretaker government must manage national debts and ensure essential payments
Pros
French lawmakers exercising their democratic right to hold the government accountable
Opportunity for France to navigate a challenging political landscape and potentially form a more stable government
Cons
Uncertainty and instability in French government
Risk of economic repercussions as investors react to the political turmoil