France's PM Barnier steps down after no-confidence vote

World Thursday 05/December/2024 19:20 PM
By: DW
France's PM Barnier steps down after no-confidence vote
French Prime Minister Michel Barnier met with President Emmanuel Macron at the Elysee Palace in Paris on Thursday to submit his resignation, making him the shortest-serving prime minister in modern French history.
"The prime minister today submitted the resignation of his government" to President Macron, who has "taken note" of the resignation, the Elysee said.
Barnier and his ministers remain "in charge of daily business until the appointment of a new government," it added.
The premier stepped down after lawmakers voted to oust his minority government in a no-confidence motion on Wednesday.
The move came after Barnier forced through an unpopular budget bill in an attempt to cut France's high fiscal deficit.
The plan contained tax increases and spending cuts worth €60 billion ($63.1 billion), aimed at bringing the deficit to 5% of economic output in 2025 from an estimated 6.1% this year. The aim is to trim the deficit down to 3% by 2029.
It was seen as an attempt to steer the French economy into calmer waters.