France faces acute political instability with a fragmented National Assembly and repeated government collapses, including the recent resignation of Prime Minister Sébastien Lecornu after just weeks in office. President Emmanuel Macron’s approval rating has fallen to a record low of 15 percent amid student protests, fiscal strains, and legislative gridlock following the 2024 snap elections. Opposition parties, including the National Rally and left-wing groups, have intensified calls for his resignation or parliamentary dissolution to trigger new elections, though Macron has consistently ruled out stepping down before his term ends in 2027. These dynamics, combined with upcoming no-confidence votes and coalition negotiations, shape trader assessments of early departure risks.