France was thrown into deeper political chaos on Monday as newly appointed Prime Minister Sebastien Lecornu and his cabinet resigned just hours after taking office.

The abrupt collapse — marking the shortest-lived government in modern French history — sent shockwaves through financial markets, driving down both French stocks and the euro.

The swift resignation was unexpected and marked another major deepening of France ‘s political crisis. It came after allies and foes alike threatened to topple the new government.

Lecornu was prime minister for only 27 days. His government lasted 14 hours.

The far-right National Rally immediately urged President Emmanuel Macron to call a snap parliamentary election. The hard left France Unbowed said Macron himself must go.

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