France on Edge: Can Barnier’s Government Survive the Political Gridlock?

POLICY COMPASS

France on Edge: Can Barnier’s Government Survive the Political Gridlock?

by Lāsma Kokina

10 October 2024

In this paper we discuss:

• Macron’s appointment of Michel Barnier as prime minister;
• Barnier’s challenge in forming a stable government amid a fragmented parliament;
• The role of Marine Le Pen and the National Rally in determining the government’s stability;
• Financial pressures facing the new government; and
• Market reactions to political instability.

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