**Sébastien Lecornu remains France’s prime minister amid persistent political fragmentation and overlapping crises.** Reappointed by President Macron on October 10, 2025, after a brief resignation just days into forming his government, Lecornu has navigated a hung National Assembly by securing targeted support, including from Socialists, to pass elements of the 2026 budget and survive no-confidence motions. As of mid-October 2026, his government confronts simultaneous pressures from nationwide high school protests over school conditions and staffing, surging fuel prices linked to international supply strains, agricultural sector strains, and efforts to reduce the public deficit toward 5% of GDP for 2027. Key upcoming tests include National Assembly budget debates, potential further censure attempts, and fiscal negotiations that could trigger Article 49.3 procedures or renewed instability ahead of the 2027 presidential election. These factors sustain trader focus on the durability of his minority position and any parliamentary shifts that could force another leadership change.
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