France's Political Crossroads: Lecornu's Balancing Act

Sebastien Lecornu stepped into the role of France's new prime minister on Wednesday amidst widespread anti-government protests. In his initial address, Lecornu emphasized the need for innovation and collaboration to pass a budget aimed at reducing national debt, while maintaining President Emmanuel Macron's pro-business stance.

Lecornu took over from Francois Bayrou, who was removed following a parliamentary vote due to his aggressive deficit-reduction plans. With France's budget deficit at 5.8% of GDP, Lecornu must navigate a parliament split into ideological factions, with a pressing deadline to present a draft budget by early October.

Echoing the divisive political climate, Lecornu's appointment was met with opposition from both the hard-left and challenges from the far-right. As France's parliament enters budget discussions, thousands protested against the government's policies, revealing deep-seated public discontent.

(With inputs from agencies.)