Political Turmoil in France

French politics faced significant instability following a snap general election that left no party with a clear majority. President Emmanuel Macron struggled to appoint a new Prime Minister who could navigate the contentious environment of three competing political factions in the National Assembly. Michel Barnier, a seasoned politician and former Brexit negotiator, was ultimately chosen, despite having previously criticized Macron's rule as solitary and arrogant. His appointment is seen as a compromise to appeal to both the centre-right and to reassure markets, as he now faces the daunting task of forging a coalition government amid heightened tensions from the left-wing alliance, which claims it should have more influence despite being the largest bloc with inadequate seats.