The French government faces an increasing risk of collapse as the date of the parliamentary motion of no confidence on September 8 approaches, AFP reported on September 1, “The risk of the collapse of any eurozone government is a concern,” ECB President Lagarde warned on the same day
With a full week to go until Beyroux faces a parliamentary motion of no confidence, the French prime minister and his government are likely to have to resign and be disbanded if they fail to pass the vote, according to AFP and other media. “What I have observed over the past six years is that political developments and the emergence of political risks have had a significant impact on the assessment of national risks in the economy and financial markets, and we are concerned about that,” Lagarde said, lagarde argues that the country is not yet in a position to be taken over by the IMF because its banking system is well structured and functioning and “Is not a source of current risk”.
French Prime Minister Beyroux, file photo, source: Visual China
Faced with the prospect of mistrust, Mr Beyroux, the prime minister, is sticking to his guns and explaining them to the French public through various channels. On August 31, he was interviewed by four major French media, including BFM television. “France is like an old ship with a hole in it that has been leaking for 50 years. . . it is not the fate of the prime minister that will be decided by this vote, but the fate of France as a whole, which will either choose me or plunge the country into chaos,” he said.
The possibility of France dissolving Parliament and holding new legislative elections has also soared, and a newly released poll shows that if that happens, the far-right party represented by the NLD and its allies will get 31% of the vote, far higher than the left’s 23.5% , while the ruling Baath Party and its allies will get only 14% , well below its 2024 approval ratings, this is not good news for the government.