Xinhua Agency, Paris, October 7. French Prime Minister Le Corney suddenly submitted his resignation to President Macron on the 6th, which was later approved by Macron. Le Corni was in office for only 27 days, becoming the shortest-serving prime minister of the Fifth Republic of France and the seventh prime minister to step down during President Macron's term.

France is once again in a political crisis. Le Corny posted on social media on the evening of the 6th that he was ordered by Macron to start two-day "final negotiations" with various political parties in order to maintain national stability. He will report the results of the negotiations to Macron on the evening of the 8th, and Macron will make necessary decisions accordingly.

This is a profile photo of Le Corny taken in Paris, France on September 10th. Published by Xinhua News Agency (Photo by Aurelien Morrisal)

People say ¡°no¡± to the list of new government members

Speaking after his resignation, Le Corney said he had been communicating with representatives of all parties and societies in hopes of passing the next year¡¯s fiscal and social security budgets at the National Assembly level. He had been preparing to ¡°compromise¡± with the opposition parties, but the opposition ¡°ignored¡± the progress of the negotiations, and for the 2027 presidential election to focus only on the party struggle, completely regardless of the national interests. Given the current conditions ¡°not available¡±, he could not continue as prime minister.

The French media pointed out that the fuse of Le Corny's sudden resignation was the list of the first members of the new government announced on the evening of the 5th, which caused strong criticism from the opposition. This list also caused huge differences within the government and the ruling coalition.

Most of the ministers in key positions on the new government's list were retained, with only the positions of Minister of Defense and Minister of Economy and Finance replaced. The newly appointed Minister of Defense is former Finance Minister Le Maire, who was widely criticized by the opposition. Both Baldeira, chairman of the far-right National League, and Melanchon, leader of the far-left "Indomitable France", pointed out that members of the new government are only a "continuation" of the previous government and have no substantive differences, and threatened to impeach the government at this week's meeting of the National Assembly.

What is even more "fatal" is that Bruno Letaio, the Republican Party Chairman and Interior Minister who was retained, said that Lekorni's appointment list clearly violated his previous promise to the Republican Party to "break" with the previous administration. Le Tayio hinted that he would withdraw from the government.

Small factions in the ruling coalition, such as the Democratic Party and the Non-Party Alliance, are also extremely dissatisfied with this list, believing that it strengthens the strength of the president's political party and harms the interests of allies. They made it clear that they would withdraw from the ruling coalition.

Le Corney was ordered to "final negotiation"

The French presidential office said that Macron instructed Le Corney to conduct "final negotiations" and "build a platform for the country with action and stability."Fonts around Macron told French media that if the negotiations failed, Macron would "take responsibility."

Several left-wing parties, including the Socialist Party, said that an emergency meeting would be held on the afternoon of the 6th to discuss the next measures and plans.The right-wing Republican Party convened a high-level meeting to discuss the measures, and Republican members and former Prime Minister Barnier called on all parties to "be calm and think for the French people."

Baldeira urged Macron to dissolve the National Assembly again. He said that Le Corny "doesn't have any leeway" as prime minister. Melenchon posted on social media, calling on the National Assembly to immediately examine the motion to impeach Macron proposed by 104 members.

According to French media reports, French 10-year government bond yields surged by more than nine basis points in the sixth quarter, breaking 3.6 percent, closer to the highs during the 2011 Eurozone debt crisis.

The French newspaper "Echo" believes that the resignation of the Prime Minister has stranded the advancement of the 2026 budget again, and the prospect of fiscal consolidation is worrying.

Macron faces three options

Macron announced the dissolution of the National Assembly in June last year and held a new National Assembly election in advance. According to French media analysis, the new National Assembly is divided into three highly polarized camps: the left-wing alliance "New People's Front" ranks first in the number of seats, followed by the ruling party alliance led by Macron, and the National Alliance ranks third. The policies of the three camps are "tit-for-tat" and have been unable to reach a compromise.

The prime minister is responsible to parliament, and parliament can impeach the prime minister. Since the ruling party coalition occupies far less than half of the seats in the National Assembly, it is easy for the opposition to vote to impeach the prime minister.

French newspaper Le Monde analyzed that Macron has three choices in the face of political crisis. The first is to appoint a new prime minister. However, because it is difficult to get support from the left or far-right camps, the length of the new prime minister's tenure is still unknown.

The second is to dissolve the National Assembly again and hold early legislative elections.The risk is that dissolving the National Assembly is likely to repeat the results of last year's parliamentary elections, further strengthening the opposition parties in the parliament.

The third is Macron¡¯s resignation. The possibility is small, but not entirely excluded. Macron has publicly stated that he will never resign before the next presidential election in 2027.