French President Emmanuel Macron will deliver a national address on Thursday, following a historic no-confidence vote in the National Assembly that ousted Prime Minister Michel Barnier and left France without a functioning government, reports AP.

Macron is expected to focus on addressing the political crisis and may announce a new prime minister to lead the fractured parliament. Barnier, whose tenure lasted just three months—the shortest of any modern French prime minister—resigned Thursday morning at the Elysée Palace, as required by the constitution. The no-confidence motion passed with 331 votes in the National Assembly.

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Urgency to Act

Macron now faces the challenge of appointing a leader capable of managing a minority government in a divided parliament. Yaël Braun-Pivet, president of the National Assembly and a member of Macron’s party, urged swift action, emphasising the need for a leader who can unify and prioritise passing a new budget bill. French media reports suggest a shortlist of centrist candidates, though no names have been confirmed.

The president’s delay in appointing Barnier after June’s legislative elections—over two months—has raised concerns about potential setbacks in selecting a replacement.

Calls for Macron’s Resignation

The no-confidence vote has emboldened opposition leaders, with some demanding Macron’s resignation. Manuel Bompard, leader of the far-left France Unbowed party, argued that stability requires Macron to step down. Far-right National Rally leader Marine Le Pen did not explicitly call for his resignation but warned of growing pressure on the president.

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Macron has rejected these calls, stating his commitment to serve until 2027, as mandated by the constitution, which does not require a president to step down after their government is ousted. Legislative elections cannot be held until July, adding to the political uncertainty.

Economic Concerns

The political turmoil has raised fears over France’s economy, with its debt projected to reach 7% of GDP next year without reforms. Analysts warn that Barnier's ousting may increase French interest rates, exacerbating the country’s debt issues. Moody’s cautioned that the government’s fall diminishes the likelihood of addressing public finances and deepens political gridlock.

Macron’s address, set for 8 p.m. local time, is expected to outline plans to tackle economic challenges and chart a path forward for the next government.