Economic news

Thousands protest in France after Macron picks Barnier as prime minister

2024.09.07 11:37

By John Irish

PARIS (Reuters) – Thousands of people took to the streets across France on Saturday to protest President Emmanuel Macron’s decision to appoint centre-right Michel Barnier as prime minister with left-wing parties accusing him of stealing legislative elections.

Macron named 73-year-old Barnier, a conservative and the European Union’s former Brexit negotiator, as prime minister on Thursday, capping a two-month-long search following his ill-fated decision to call a legislative election that delivered a hung parliament divided in three blocs.

In his first interview as government chief, Barnier said on Friday night that his government, which lacks a clear majority, will include conservatives, members of Macron’s camp and he hoped some from the left.

Barnier faces the daunting task of trying to drive reforms and the 2025 budget, as France is under pressure from the European Commission and bond markets to reduce its deficit.

The left, led by the far-left France Unbowed (LFI) party, has accused Macron of a denial of democracy and stealing the election after Macron refused to pick the candidate of the New Popular Front (NFP) alliance that came top in the July vote.

Pollster Elabe published a survey on Friday showing that 74% of French people considered Macron had disregarded the results of the elections with 55% believing he had stolen them.

In response to the appointment of Barnier, whose centre-right Les Republicains party is only the fifth bloc in parliament with less than 50 lawmakers, left-wing party leaders, unions and student bodies called for mass protests on Saturday ahead of new action, including possible strikes on Oct. 1.

The LFI party said 130 protests would take place across the country.

Barnier was continuing consultations on Saturday as he looks to form a government, a tricky job given he faces a potential no-confidence vote especially with an urgent draft budget for 2025 due to be discussed in parliament at the start of October.

NFP and the far-right National Rally (RN) together have a majority and could oust the prime minister through a no-confidence vote should they decide to collaborate.

© Reuters. Protesters gather to denounce French President Emmanuel Macron's refusal to name a prime minister from the left-wing New Popular Front coalition, in Marseille, France, September 7, 2024. REUTERS/Manon Cruz

The RN gave its tacit approval for Barnier citing a number of conditions for it to not back a no-confidence vote, making it the de facto kingmaker for the new government.

“He is a prime minister under surveillance,” RN party leader Jordan Bardella told BFM on Saturday. “Nothing can be done without us.”



Source link

Related Articles

Back to top button
bitcoin
Bitcoin (BTC) $ 98,381.36 0.23%
ethereum
Ethereum (ETH) $ 3,451.51 0.87%
tether
Tether (USDT) $ 1.00 0.04%
xrp
XRP (XRP) $ 2.27 1.77%
bnb
BNB (BNB) $ 700.65 0.99%
solana
Solana (SOL) $ 196.85 0.30%
dogecoin
Dogecoin (DOGE) $ 0.328229 1.49%
usd-coin
USDC (USDC) $ 1.00 0.11%
staked-ether
Lido Staked Ether (STETH) $ 3,449.34 0.95%
cardano
Cardano (ADA) $ 0.904748 3.24%
tron
TRON (TRX) $ 0.256259 0.66%
avalanche-2
Avalanche (AVAX) $ 40.22 1.92%
chainlink
Chainlink (LINK) $ 24.36 0.70%
the-open-network
Toncoin (TON) $ 5.96 3.62%
wrapped-steth
Wrapped stETH (WSTETH) $ 4,112.74 0.89%
shiba-inu
Shiba Inu (SHIB) $ 0.000023 1.71%
sui
Sui (SUI) $ 4.50 1.79%
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 98,117.29 0.06%
hedera-hashgraph
Hedera (HBAR) $ 0.311442 3.85%
stellar
Stellar (XLM) $ 0.380263 4.18%
polkadot
Polkadot (DOT) $ 7.39 1.76%
weth
WETH (WETH) $ 3,449.75 0.94%
hyperliquid
Hyperliquid (HYPE) $ 27.02 8.13%
bitcoin-cash
Bitcoin Cash (BCH) $ 457.69 3.48%
leo-token
LEO Token (LEO) $ 9.56 0.75%
uniswap
Uniswap (UNI) $ 13.78 4.94%
litecoin
Litecoin (LTC) $ 107.55 1.61%
bitget-token
Bitget Token (BGB) $ 5.64 15.02%
pepe
Pepe (PEPE) $ 0.000018 3.70%
wrapped-eeth
Wrapped eETH (WEETH) $ 3,646.97 0.79%
near
NEAR Protocol (NEAR) $ 5.42 2.72%
ethena-usde
Ethena USDe (USDE) $ 1.00 0.09%
aave
Aave (AAVE) $ 366.90 2.49%
usds
USDS (USDS) $ 1.01 0.50%
internet-computer
Internet Computer (ICP) $ 11.16 0.04%
aptos
Aptos (APT) $ 9.53 2.14%
polygon-ecosystem-token
POL (ex-MATIC) (POL) $ 0.509433 3.54%
crypto-com-chain
Cronos (CRO) $ 0.15728 4.72%
mantle
Mantle (MNT) $ 1.23 0.38%
vechain
VeChain (VET) $ 0.051099 4.65%
ethereum-classic
Ethereum Classic (ETC) $ 27.08 3.94%
render-token
Render (RENDER) $ 7.47 5.03%
bittensor
Bittensor (TAO) $ 499.64 0.03%
whitebit
WhiteBIT Coin (WBT) $ 24.94 0.73%
monero
Monero (XMR) $ 195.12 2.06%
mantra-dao
MANTRA (OM) $ 3.74 1.48%
fetch-ai
Artificial Superintelligence Alliance (FET) $ 1.34 5.29%
dai
Dai (DAI) $ 1.00 0.09%
arbitrum
Arbitrum (ARB) $ 0.791786 4.10%
filecoin
Filecoin (FIL) $ 5.26 4.26%