French President Emmanuel Macron has appointed Michel Barnier as prime minister after two months of political turmoil following recent snap elections in France, Reuters reports.
Barnier, the EU’s former chief Brexit negotiator, faces the challenge of navigating complex legislation in a fragmented parliament and passing key legislation like the 2025 budget. Barnier, 73, is the oldest prime minister in France’s modern history, succeeding Gabriel Attal. He has pledged to address issues like healthcare, security, job creation, and reducing national debt.
Barnier’s appointment received tentative support from Marine Le Pen’s far-right National Rally (RN), but the party could withdraw support if their demands on immigration, security, and economic issues are not addressed. The left, which won the most seats in the recent election but lacks an absolute majority, plans to oppose Barnier’s government.
Barnier, known for his pro-European stance and moderate politics, has previously served as foreign and agriculture minister. The financial markets reacted positively to his appointment, with French bank shares rising and government borrowing costs falling. Attention now turns to his forthcoming ministerial appointments, particularly the choice for the finance ministry.
