Historic No-Confidence Vote Forces French PM to Resign

For the first time since 1962, French lawmakers have passed a no-confidence vote, forcing Prime Minister Michel Barnier to resign.

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Far-right and left-wing lawmakers united against Barnier, with 331 votes in favor of the no-confidence motion.

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Barnier bypassed parliament using constitutional powers to push through a €60 billion austerity budget, triggering outrage

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With a deficit projected at 6% of GDP this year, rising to 7% next year, France faces mounting pressure to curb debt.

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A divided National Assembly, with no majority party, has made governance challenging since July's snap elections.

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President Macron is expected to announce his next steps as he prepares to appoint a new prime minister.

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With no elections allowed until July, France may face prolonged political deadlock amidst rising economic pressures

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Analysts warn that continued instability could increase French interest rates, further complicating the debt crisis

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As France's political crisis deepens, all eyes are on President Macron to stabilize the nation amidst growing economic and political challenges

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