Zürcher Nachrichten - New French government instantly under pressure on multiple fronts

EUR -
AED 4.104397
AFN 76.945413
ALL 99.231189
AMD 432.617988
ANG 2.010719
AOA 1036.724537
ARS 1074.129077
AUD 1.641361
AWG 2.011389
AZN 1.904081
BAM 1.955429
BBD 2.252673
BDT 133.324726
BGN 1.955429
BHD 0.42042
BIF 3234.286875
BMD 1.117438
BND 1.441627
BOB 7.709539
BRL 6.162788
BSD 1.115688
BTN 93.249023
BWP 14.748204
BYN 3.651208
BYR 21901.788071
BZD 2.248874
CAD 1.517202
CDF 3208.165381
CHF 0.949812
CLF 0.037598
CLP 1037.433333
CNY 7.880067
CNH 7.870123
COP 4641.820049
CRC 578.89026
CUC 1.117438
CUP 29.612111
CVE 110.244101
CZK 25.088056
DJF 198.672338
DKK 7.466767
DOP 66.967305
DZD 147.657009
EGP 54.142736
ERN 16.761573
ETB 129.466357
FJD 2.459262
FKP 0.850995
GBP 0.83876
GEL 3.051043
GGP 0.850995
GHS 17.539675
GIP 0.850995
GMD 76.548818
GNF 9639.172699
GTQ 8.624365
GYD 233.395755
HKD 8.704949
HNL 27.675753
HRK 7.597474
HTG 147.212093
HUF 393.517458
IDR 16941.25656
ILS 4.221139
IMP 0.850995
INR 93.284241
IQD 1461.522939
IRR 47035.770303
ISK 152.262556
JEP 0.850995
JMD 175.286771
JOD 0.791709
JPY 160.803866
KES 143.922717
KGS 94.13132
KHR 4531.14103
KMF 493.181764
KPW 1005.693717
KRW 1488.975611
KWD 0.340897
KYD 0.929724
KZT 534.908597
LAK 24636.329683
LBP 99909.860054
LKR 340.395471
LRD 223.1377
LSL 19.586187
LTL 3.299505
LVL 0.675928
LYD 5.297996
MAD 10.818149
MDL 19.468309
MGA 5046.04342
MKD 61.603322
MMK 3629.395577
MNT 3797.054841
MOP 8.955702
MRU 44.337595
MUR 51.268486
MVR 17.164273
MWK 1934.433289
MXN 21.697078
MYR 4.698871
MZN 71.348848
NAD 19.586187
NGN 1831.984424
NIO 41.062216
NOK 11.713438
NPR 149.198716
NZD 1.791484
OMR 0.429669
PAB 1.115688
PEN 4.181807
PGK 4.367172
PHP 62.188829
PKR 309.994034
PLN 4.274593
PYG 8704.349913
QAR 4.067529
RON 4.972492
RSD 117.064808
RUB 103.380402
RWF 1504.014883
SAR 4.193134
SBD 9.282489
SCR 14.578236
SDG 672.143165
SEK 11.364797
SGD 1.442952
SHP 0.850995
SLE 25.530448
SLL 23432.113894
SOS 637.579134
SRD 33.752262
STD 23128.713955
SVC 9.762149
SYP 2807.596846
SZL 19.593286
THB 36.793929
TJS 11.859752
TMT 3.911034
TND 3.380559
TOP 2.617156
TRY 38.132438
TTD 7.588561
TWD 35.736832
TZS 3045.822602
UAH 46.114158
UGX 4133.216465
USD 1.117438
UYU 46.101261
UZS 14197.308611
VEF 4047978.463464
VES 41.096875
VND 27494.566096
VUV 132.664504
WST 3.125992
XAF 655.832674
XAG 0.035881
XAU 0.000426
XCD 3.019933
XDR 0.826843
XOF 655.832674
XPF 119.331742
YER 279.722751
ZAR 19.426272
ZMK 10058.288435
ZMW 29.537401
ZWL 359.814634
  • BCC

    -7.1900

    137.5

    -5.23%

  • NGG

    0.7200

    69.55

    +1.04%

  • RBGPF

    58.8300

    58.83

    +100%

  • GSK

    -0.8200

    40.8

    -2.01%

  • BCE

    -0.1500

    35.04

    -0.43%

  • SCS

    -0.3900

    12.92

    -3.02%

  • CMSC

    0.0300

    25.15

    +0.12%

  • AZN

    -0.5200

    78.38

    -0.66%

  • BTI

    -0.1300

    37.44

    -0.35%

  • RIO

    -1.6100

    63.57

    -2.53%

  • JRI

    -0.0800

    13.32

    -0.6%

  • CMSD

    0.0100

    25.02

    +0.04%

  • RELX

    -0.1400

    47.99

    -0.29%

  • RYCEF

    0.0200

    6.97

    +0.29%

  • VOD

    -0.0500

    10.01

    -0.5%

  • BP

    -0.1200

    32.64

    -0.37%

New French government instantly under pressure on multiple fronts
New French government instantly under pressure on multiple fronts / Photo: JEFF PACHOUD - POOL/AFP/File

New French government instantly under pressure on multiple fronts

French Prime Minister Michel Barnier's hard-won new government faced pressure from day one Sunday as threats of a no-confidence motion in parliament multiplied.

Text size:

The long wait for a functioning government after President Emmanuel Macron called a snap general election ended after 11 weeks late Saturday with his appointment of a cabinet marking a clear shift to the right.

Opposition politicians from the left have already said they will challenge Barnier's government with a no-confidence motion as early as next month, with far-right politicians also slamming its composition.

In the July election, a left-wing alliance called the New Popular Front (NFP) won the most parliamentary seats of any political bloc, but not enough for an overall majority.

Veteran far-right leader Marine Le Pen meanwhile saw her National Rally emerge as the single largest party in the Assembly.

Macron had argued that the left was unable to muster enough support to form a government that would not immediately be brought down in parliament, and rejected a National Rally candidate over the party's extremist legacy.

He turned instead to Barnier to lead a government drawing on parliamentary support mostly from Macron's allies, as well as from the conservative Republicans (LR) and centrists groups.

- 'No future' -

Talks on the distribution of the cabinet posts continued right up to Saturday's official announcement, insiders said, with moments of sharp tension between the president and his prime minister.

Far-left leader Jean-Luc Melenchon has called the new lineup "a government of the general election losers", saying France should "get rid" of it "as soon as possible".

Even before the announcement, thousands of people took to the streets of Paris and other French cities Saturday in a left-wing protest to denounce what they called a denial of July's election results.

Socialist Party chairman Oliver Faure on Saturday dismissed Barnier's cabinet as "a reactionary government that gives democracy the finger". On Sunday, he called it the "most right-wing government of the Fifth Republic".

Macron had been counting on a neutral stance from the far right, but National Rally leader Jordan Bardella said the new government had "no future whatsoever".

While Macron's allies had to relinquish some key ministries, they still got 12 portfolios out of the total 39.

"This is not a new government, it's a reshuffle," quipped Communist party leader Fabien Roussel.

- 'Same as before' -

Former French president Francois Hollande, a Socialist, called the cabinet "the same as before, but with an even stronger presence of the right" and one that would inflict "painful measures on our fellow citizens".

He said a no-confidence motion was "a good solution".

To pass, such a motion needs an absolute majority in parliament, which would then force the government to step down immediately -- currently an unlikely scenario as the far right and the leftist bloc, sworn enemies, would have to vote in unison.

Faure said the Socialists were planning to bring a no-confidence vote on October 1 after Barnier's general policy speech to parliament scheduled for that day, but he acknowledged that "it will probably fail" in the absence of support from the National Rally, which has said it will wait before making any move against the government.

The first major test for Barnier, best known internationally for leading the European Union's Brexit negotiations with Britain, will be to submit a 2025 budget plan addressing France's financial situation, which he this week called "very serious".

France has been placed on a formal procedure for violating European Union budgetary rules and needs to show it is making a serious effort at financial recovery.

The difficult job of submitting a budget plan to parliament next month falls to 33-year-old Antoine Armand, the new finance minister, who said it could include "exceptional and targeted" tax increases.

Defence Minister Sebastien Lecornu, a close Macron ally, has kept his job.

Barnier is scheduled to make a TV appearance later Sunday.

burs-jh/gv

P.Gashi--NZN