New Delhi: In a surprising development, France’s new Prime Minister, Sebastien Lecornu has resigned on Monday. The decision came just hours after appointing his new cabinet. Notably, both his allies and foes threatened to bring down his government.

With Lecornu’s resignation, the political crisis in France deepens. Following the news, the French stocks witnessed a sharp drop, and so did the Euro. Lecornu, who is known as a close ally of President Emmanuel Macron, appointed his ministers on Sunday after consulting political parties for weeks. His newly formed cabinet was set to hold its first meeting on Monday afternoon.

Why did he resign?

Lecornu ascended to the post in September and became France’s fifth PM in less than two years. He became the PM at a time when French politics was gr

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