The Latest Breaking News from Michel Barnier

The new team at the helm of France’s economy will need to begin work immediately on passing a 2025 budget, which has been in limbo since the National Assembly rejected the belt-tightening proposal from former Prime Minister Michel Barnier, which led to the toppling of his government.

Centrist François Bayrou had promised a ‘national interest government’ across the middle political ground but ended up leaning to the conservative right

President Emmanuel Macron returned to Paris on Sunday after a visit to cyclone-devastated Mayotte and East Africa, as a France racked by political deadlock awaited the appointment of a new government.

France's new Prime Minister Francois Bayrou was Friday racing to name by Christmas at the latest a government to lead the country out of its political crisis but with no sign of an end to months of tensions that have rattled President Emmanuel Macron.

France’s new prime minister, François Bayrou, says he hopes to name a government to lead the country out of its political quagmire by Christmas at the latest. France urgently needs to approve a state budget as official data on Friday showed public debt has climbed to €3.3 trillion.

More than a week after a historic no-confidence vote brought down a prime minister unable to secure backing for an austerity budget, French lawmakers Monday unanimously passed a law to keep tax and social security machinery running.

François Bayrou faces the same budgetary headache as Michel Barnier – but the parliamentary equation has changed, says Paul Taylor of the European Policy Centre

Beset by political crises and economic turmoil, the bloc’s two biggest countries are both at a crossroads

The 73-year-old centrist and leader of the Democratic Movement will replace Michel Barnier, who lost a confidence vote.