While France has a long history of hefty overspending, economists say political turmoil – which has stalled policymaking – is bringing the country’s debt problem to a head.

French Prime Minister Sébastien Lecornu resigned after less than a month in office on Monday and less than 24 hours after naming a new government that prompted a key coalition ally to withdraw support.

French Prime Minister Sébastien Lecornu resigned from his post on Monday after only 27 days in power, marking his term

President Emmanuel Macron’s inability to find a government that can pass a new budget is hobbling his efforts to influence Europe’s agenda.

French President Emmanuel Macron faces a political crisis after his prime minister resigned Monday. This marks Macron's fourth prime minister in just over a year.

France's new Prime Minister Sebastien Lecornu and his government resigned on Monday, hours after Lecornu announced his cabinet line-up, in a major deepening of France's political crisis that drove stocks and the euro sharply lower.

Sébastien Lecornu, the country’s outgoing prime minister, said he believed France’s political parties could overcome divisions and avoid snap legislative elections.

PARIS (AP) — France’s new Prime Minister Sébastien Lecornu resigned less than a month in office and less than 24 hours after naming a new government that prompted a key coalition ally to withdraw support. The move plunged the country into a deep political crisis and left French President Emmanuel Macron with few options.

Emmanuel Macron does not plan to name a prime minister from the left later on Friday, disappointed leftist party chiefs said after crunch talks with the French president, suggesting his future government will be as fragile as those that preceded it.