Published by Global Banking and Finance Review
Posted on October 14, 2025
1 min readLast updated: January 21, 2026
French PM Lecornu assures stability amid political crisis, emphasizing responsible action and outlining budget priorities to avoid a no-confidence vote.
PARIS (Reuters) -Prime Minister Sebastien Lecornu told his new Cabinet on Tuesday that the political crisis the country is going through is not yet a regime crisis, government spokesperson Maud Bregeon said on Tuesday.
She said that Lecornu had also said that "we are capable of taking action, but the government will not do just anything".
Lecornu will address parliament on Tuesday afternoon to spell out his budget priorities, hoping to win over enough Socialists to stave off losing a no-confidence vote that would plunge France further into the political mire.
(Reporting by Dominique Vidalon; Editing by GV De Clercq)
A financial crisis is a situation where financial assets suddenly lose a large part of their nominal value, often leading to a loss of confidence in the financial system.
Economic growth is the increase in the production of goods and services in an economy over a period, typically measured by the rise in Gross Domestic Product (GDP).
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