France’s newly appointed Prime Minister Sébastien Lecornu resigned Monday morning, just 14 hours after unveiling his cabinet, as both allies and opponents threatened to bring down his government. The abrupt move sent French stocks and the euro tumbling.
The unprecedented swift resignation marks a significant escalation in France’s ongoing political crisis. Lecornu, a close associate of President Emmanuel Macron, had appointed his ministers on Sunday following weeks of political consultations. The first scheduled cabinet meeting was set for Monday afternoon.
However, the new government lineup sparked backlash from various political quarters. Critics argued the cabinet was either too right-wing...