Macron Faces Mounting Pressure Amid France’s Political Deadlock

French President Emmanuel Macron is under intensifying pressure to resolve a deepening political crisis that has left France without stable leadership and rattled markets across Europe.

The turmoil follows the resignation of Prime Minister Sébastien Lecornu, whose government collapsed just 14 hours after being formed—the shortest tenure in modern French history. His departure marks the fifth prime minister to step down in less than two years, underscoring the fragility of Macron’s centrist leadership.

Calls for Macron to either resign or call snap parliamentary elections, once confined to the political fringes, have now entered the mainstream. Former Prime Minister Édouard Philippe urged the president to “leave in an orderly manner” to break the deadlock, while other ex-allies, including Gabriel Attal, voiced frustration over Macron’s decision-making.

The crisis has also shaken investor confidence. French stocks fell sharply this week, and the risk premium on government bonds rose to a nine-month high, reflecting concerns over the country’s ability to rein in its soaring budget deficit.

Meanwhile, the far-right National Rally, led by Marine Le Pen and Jordan Bardella, has rejected talks with Macron’s camp and renewed calls for the dissolution of parliament. Opinion polls suggest that fresh elections would likely produce another divided assembly, prolonging the stalemate.

As Macron insists he will serve out his term until 2027, France’s political future remains uncertain, with both domestic stability and European credibility hanging in the balance.