France political crisis deepens: Bayrou falls after 49.3 budget push—what comes next
Prime Minister François Bayrou was ousted in a no-confidence vote after forcing through €44 billion in cuts using Article 49.3. France now faces its fifth PM in under two years, a record run of instability under President Macron. Debt is above €3 trillion, the deficit is 5.8% of GDP, and credit ratings are under pressure. Macron will name a new PM in days, with strikes and street protests looming.