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Stephen Bartholomeusz Senior business columnist September 11, 2025 — 12.19pm

France is again experiencing political upheaval, and is now on the verge of a financial crisis after President Emmanuel Macron was forced to appoint his fifth prime minister in just two years.

Sebastien Lecornu will now have to try to formulate a budget that can pass through a bitterly divided parliament, a process that has claimed several of his predecessors, including the immediate past prime minister, Francois Bayou, who was ousted by an unlikely coalition of far-right and left-wing lawmakers.

If Lecornu fails – which is likely, given how fractured and polarised French politics is – it is possible that France will have to go to another election. It was last year

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