Deep debt, political chaos, riots: Can Macron get France back on track?
In June 2024 French President Emmanuel Macron took a political gamble – and lost heavily.
Hoping to strengthen his centrist alliance he dissolved the National Assembly triggering an election. The result has been chaos – a legislature with no dominant political bloc in power and leading this week to France naming its fourth prime minister in 12 months and riots on the streets of Paris.
At the centre of the political chaos is the threat of austerity budgets. France is deep in debt and a succession of Macron-appointment prime ministers have proposed budgets with tax hikes and deep cuts.
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