French outgoing Prime Minister Sébastien Lecornu blamed political egos and 'partisan appetites' for the quick collapse of his government.

France is facing a fresh round of political turmoil after Prime Minister Sébastien Lecornu stunned the country by resigning on Monday barely a day after announcing his cabinet.

Mr. Lecornu had only been in office a month and he’s the third prime minister to resign in the last year. His departure – hours before his first cabinet meeting – will pile more pressure on French President Emmanuel Macron to either find someone else who can form a government or call parliamentary elections.

Mr. Lecornu’s announcement rattled financial markets and sent the value of the euro down nearly 1 per cent against the U.S. dollar. Shares in France’s largest banks – BNP

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