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France's Budget Crisis: 5 PMs in 2 Years

10/24/2025

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Summary

Story summary

France has experienced significant political instability, cycling through five prime ministers in two years.
Prime Minister Sébastian Lecornu proposed a budget aimed at saving €30 billion to protect France's credit rating.
Its approval faces challenges because his government is a minority.
He pledged to allow parliamentary debate on the budget.
The cultural sector is increasingly reliant on private philanthropy as public funding declines.

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Story summary

France has experienced significant political instability, cycling through five prime ministers in two years.
Prime Minister Sébastian Lecornu proposed a budget aimed at saving €30 billion to protect France's credit rating.
Its approval faces challenges because his government is a minority.
He pledged to allow parliamentary debate on the budget.
The cultural sector is increasingly reliant on private philanthropy as public funding declines.