French Political Turmoil: Bayrou Faces Confidence Defeat

France is on the brink of a political upheaval as Prime Minister François Bayrou braces for a confidence vote in the National Assembly on Monday. With defeat looming, Bayrou's potential resignation could plunge the euro zone's second-largest economy deeper into crisis.

The confidence vote process begins at 1500 (1300 GMT) with Bayrou's address in the Assembly, which is largely seen as a formality amidst political tension. The vote, determined by an absolute majority, is expected to culminate with Bayrou's resignation in case of a loss.

President Emmanuel Macron is now tasked with appointing a new prime minister, deciding between a center-left candidate or a technocrat to navigate the fractious parliament. As political groups discuss future steps, tensions escalate with upcoming protests and potential credit rating reviews adding pressure.

(With inputs from agencies.)