Macron struts on world stage as revolt over France’s soaring debt puts his PM on the brink

President Emmanuel Macron is not just the head of state of France. He also seems to want to be the spokesperson for Europe as a whole. He tried to lead Europe’s response to the Russian-Ukrainian war, opposing the United States by supporting Palestinian state status and weighing former President Donald Trump’s desire to buy Greenland. However, critics say he should focus on issues closer to home.

In Macron’s France, the country’s parliament is about how to resolve the huge debt burden, real turmoil. Prime Minister François Bayrou faced a no-trust vote as early as Monday, which he may lose. Bayrou was appointed by Macron in December, and three prime ministers resigned in 2024. In many ways, what happened next was the scene of déjàvu, where the president appointed Michel Barnier’s resignation last December, and the president appointed another prime minister.

Late last month, Bayrou stressed that although it is France’s second largest economy European Unionbehind Germany. In addition to becoming a large economy, France is also an important trading partner of the United States.

Due to the pending fiscal crisis, Bayrou has developed a plan to reduce the fiscal deficit to 4.6% of GDP next year, by saving 44 billion euros ($5.1 billion) and reducing two public holidays. From 2020 to 2024, this will be a smaller deficit than any year.

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French President Emmanuel Macron stood on the glacier Mont Nunatarsuaq while visiting Greenland on June 15, 2025. (Ludovic Marin/AFP via Getty Images)

However, the budget cuts were not going well with other parties in the French parliament, and Bayrou. The Prime Minister’s plan angered organized unions and threatened to strike. Leo,,,,, A senior economist at Oxford Economics in Paris told Fox News Digital that any union strike may not last long, nor will it cause major damage to the economy like the yellow vest protests in the winter of 2018 and 2019.

If Bayrou loses, there are other options. Elias Haddad, senior market strategist at Brown Brothers Harriman In London. “Bayrou is expected to lose, and all other parties have vowed to overthrow the government.”

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French Prime Minister Francois Bayrou spoke in a live televised interview in Paris on August 31, 2025. (Alain Jocard/AFP)

One thing that almost certainly won’t happen is resignation By Macron. “It’s not too scary to be the most likely Macron has appointed another prime minister and created a minimum budget,” Bahrain said. In other words, there may be some budget cuts, but it won’t be close to the current prime minister’s proposal in August.

Although the Populist National Rally (RN) says it is preparing and reviewing a list of potential candidates for a person, it seems highly unlikely to hold a quick election. “We can and must be prepared for anything, including returning to the National Assembly to the ballot box,” RN’s president Jordan Bardella said last week.

Marine Le Pen at a political meeting in Paris on June 2, 2024, left and national rally president Jordan Bardella. （AP/Thomas Padilla）

According to Reuters, Badra posted a meeting aimed at preparing for parliamentary elections ahead of a meeting and said the party had selected 85 per cent of the candidates.

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Prime Minister François Bayrou could face a vote of distrust as early as Monday as the French parliament fought how to resolve the country’s growing debt crisis. (Telmo Pinto/Nurphoto)

The collapse of the French parliament clearly worried the European Central Bank, which oversees monetary policy in a single currency region called the euro zone. French bond yields have increased by one tenth of a percentage point, making borrowing costs higher than neighboring Germany.

but, France’s debt problems Haddad said it won’t disappear any time soon and it’s unlikely to weigh the broader euro zone. He also noted that despite the recent decline in demand for French bond purchases, there is no doubt. “Basic demand is still good, and it is unlikely to see stability in the financial market,” he said. “The bond is relatively healthy.”

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Part of the overall problem facing France is that culturally, the West is changing increasingly, and he is now preparing to register a new rightist party in Britain. “The culture of dependence has been embedded in Europe, including the UK,” he said. In other words, too many people rely on government handouts rather than generating income through their own efforts.

This in turn leads to slower growth and substantial increase Government debt burden. These include the United Kingdom, France, Italy and the country. “For me, we haven’t scored it yet, and it’s worth noting for me,” Habib said.

Reuters contributed to the report.