Paris (AP): After a week of intense political turmoil, French President Emmanuel Macron is set to appoint a new prime minister on Friday in his latest bid to break the political deadlock that has gripped the country for more than a year, as France struggles with mounting economic challenges and ballooning debt.

The appointment is widely seen as the president's last chance to revive his second term, which runs until 2027. With no majority in the National Assembly to push through his agenda, Macron faces increasingly fierce criticism, even from within his own camp, and has little room to manoeuvre.

Outgoing Prime Minister Sebastien Lecornu abruptly resigned on Monday, only hours after unveiling a new Cabinet. The shock resignation prompted calls for Macron to step down or dissolve parliament again. But they remained unanswered, with the president instead announcing on Wednesday that he would name a successor within 48 hours.

Over the past year, Macron's successive minority governments have collapsed in quick succession, leaving the European Union's second-largest economy mired in political paralysis as France is faced with a debt crisis. At the end of the first quarter of 2025, France's public debt stood at 3.346 trillion euros (USD 3.9 trillion), or 114 per cent of gross domestic product.

France's poverty rate also reached 15.4 per cent in 2023, its highest level since records began in 1996, according to the latest data available from the national statistics institute.

The economic and political struggles are worrying financial markets, ratings agencies and the European Commission, which has been pushing France to comply with EU rules limiting debt.

 

Uncertainty surrounds the choice of the next PM

Macron may turn to a figure from the left, who managed to form a coalition in the 2024 legislative elections, or opt for a technocratic government to sidestep partisan deadlock.

In any case, the new prime minister will have to seek compromises to avoid an immediate vote of no confidence and may even be forced to abandon the pension reform that gradually raises the retirement age from 62 to 64. Macron fought fiercely for the deeply unpopular measure, which was enacted into law in 2023 despite mass protests.

Lecornu argued that Macron's centrist bloc, its allies, and parts of the opposition could still rally to form a working majority. “There's a majority that can govern,” he said. “I feel that a path is still possible. It is difficult.”

The stalemate stems from Macron's shock decision in June 2024 to dissolve the National Assembly. The snap elections produced a hung parliament, with no bloc able to command a majority in the 577-seat chamber. The gridlock has unnerved investors, infuriated voters, and stalled efforts to curb France's spiralling deficit and public debt.

Without stable support, Macron's governments have stumbled from one crisis to the next, collapsing as they sought backing for unpopular spending cuts. Lecornu's resignation, just 14 hours after announcing his Cabinet, underscored the fragility of the president's coalition amid deep political and personal rivalries.

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Narasannapeta (Andhra Pradesh) (PTI): Andhra Pradesh Chief Minister N Chandrababu Naidu on Saturday announced incentives of Rs 30,000 for the birth of a third child and Rs 40,000 for a fourth, as part of efforts to reverse the state’s declining population trend.

Addressing a public meeting at Narsannapeta in Srikakulam district, Naidu said he had taken the decision and would announce further details within a month.

“I have made a new decision. We will provide Rs 30,000 immediately after the birth of a third child and Rs 40,000 for a fourth child. Isn’t this the right decision?” Naidu said on the sidelines of the SwarnaAndhra SwachAndhra cleanliness programme.

Although he had once advocated population control measures, the CM said the time had now come for society to work together to increase the birth rate.

Naidu’s latest announcement follows an earlier proposal to provide a Rs 25,000 incentive for the birth of a second child.

On March 5, he informed the Assembly that the state government was considering an incentive of Rs 25,000 for couples having a second child.

However, Health Minister Satya Kumar Yadav told PTI on Saturday that the government had decided to extend the incentives to families having a third child and beyond.

According to Naidu, rising incomes are leading some couples to opt for a single child, while others are choosing a second child only if their firstborn is a girl.

As a result, he warned that the state’s population growth rate is declining and stressed the importance of maintaining the replacement-level total fertility rate (TFR) of 2.1.

He noted that a population remains stable only when the fertility rate is 2.1 children per woman.

He emphasised that declining populations and ageing societies in several countries have adversely affected their economies.

Rejecting the notion that children are a burden, Naidu argued that they are an asset and vowed to demonstrate it.

Referring to the Talliki Vandanam welfare scheme, which provides Rs 15,000 per school-going child per annum, Naidu said he would increase the amount “if God shows mercy”.

He said the government is printing tamper-proof pattadar passbooks (land documents) and assured that there would be “no land disputes” by March 2027.

The TDP supremo promised to develop the Srikakulam district through infrastructure projects and the completion of irrigation works.

Giving project timelines, Naidu said the government would complete the Madduvalasa Stage–II project by January 2027, the Hiramandalam Lift Irrigation Project by April 2027, and the Thotapalli distributaries by July 2027, among others.

After the formation of the TDP-led NDA government, he said that 86 lakh tonnes of legacy waste had been cleared and promised 100 per cent clearance by June.

Further, the CM urged people to follow PM Narendra Modi’s guidelines to address economic challenges arising from the US–Israel–Iran conflict.

Naidu advised people to work from home as much as possible, reduce gold purchases, explore domestic tourism, use public transport, and take similar steps to support the economy and cooperate with the government.