French Prime Minister Elisabeth Borne has resigned, clearing the path for a cabinet reshuffle by President Emmanuel Macron.
What Happened: Borne submitted the government’s resignation, which was subsequently accepted by Macron. This has led to speculation about who might succeed her, with Gabriel Attal, Sebastien Lecornu, Bruno Le Maire, and Julien Denormandie being suggested as potential candidates, according to a report by Al Jazeera.
Borne’s service has been praised by the presidency, and Macron has expressed gratitude for her contributions. Borne, the second woman to hold the prime minister’s office in France, was appointed in May 2022 and will serve as a caretaker until a new government is established.
Borne’s resignation comes amid Macron’s promise of a new political initiative, after a year marked by political turmoil due to controversial reforms to the pension system and immigration laws. This news also comes just five months before the European Parliament elections, in which Eurosceptics are expected to make gains due to public discontent over increasing living costs and migration issues.
According to opinion polls, Macron’s party trails the party of far-right leader Marine Le Pen by about eight to 10 points ahead of the June vote. The cabinet reshuffle may not indicate a shift in policy, but it could signal a move towards new priorities, including achieving full employment.
Why It Matters: This came a year after Macron faced a critical test as violent protests broke out in Paris over controversial pension reforms. Macron’s government bypassed parliament to push through an unpopular pension reform.
The protest led to the French National Assembly examining no-confidence motions against the Macron government. Macron's government narrowly survived the no-confidence vote in the French parliament.
Read Next: Kim Jong Un Reportedly Set To Receive Significant Compensation For Sending Newest Missiles To Russia Amid Ukraine Conflict
Image Via Shutterstock
Engineered by Benzinga Neuro, Edited by Kaustubh Bagalkote
The GPT-4-based Benzinga Neuro content generation system exploits the extensive Benzinga Ecosystem, including native data, APIs, and more to create comprehensive and timely stories for you. Learn more.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
