France's Prime Minister, Sébastien Lecornu, has managed to survive his first major test in office, but the reprieve is unlikely to be long-lasting. A no-confidence motion tabled by the opposition fell short of the 289 votes needed to bring him down, but this doesn't mean that he can finally relax. The far left and far right are already gunning for him again.
In fact, Lecornu has only bought himself some breathing space after making major concessions to the left. To win the support of the Socialist Party, which holds about 65 MPs in parliament, he promised to freeze a key economic reform that would have increased the retirement age to 64.
However, this may come at a cost. By pledging not to use the constitutional device known as the 49:3 to push through laws without a vote, Lecornu has handed ultimate control of the budget over to the parties in parliament. This is a huge shift in power and reflects the decline of presidential authority since Macron's botched parliamentary dissolution last year.
The implications are profound. The far right and left have long demanded greater representation for their voices in parliament, and with this shift in power, they may finally get it. But for Lecornu and his government, this could also mean that the money markets and the European Union will demand a more drastic belt-tightening of debt reduction.
Meanwhile, France's reputation has been severely damaged by weeks of confusion and capitulation. The president's popularity ratings have plummeted to just 14%, with most French voters blaming him for the crisis. Even his one-time adviser, Alain Minc, believes that Macron will "go down as the worst president of the Fifth Republic".
For now, Lecornu can focus on passing the budget, but this won't be easy. The draft budget tabled by Lecornu aims to reduce the deficit to 4.7% of GDP by making savings of €30 billion. But even if that happens, it's unlikely to restore trust in politics or reverse the growing disillusionment with France's leaders.
The real question is whether France can recover from its current crisis and regain its standing on the world stage. One thing is certain: the country needs strong leadership, and Lecornu will need more than just survival instincts if he is to achieve that goal.
In fact, Lecornu has only bought himself some breathing space after making major concessions to the left. To win the support of the Socialist Party, which holds about 65 MPs in parliament, he promised to freeze a key economic reform that would have increased the retirement age to 64.
However, this may come at a cost. By pledging not to use the constitutional device known as the 49:3 to push through laws without a vote, Lecornu has handed ultimate control of the budget over to the parties in parliament. This is a huge shift in power and reflects the decline of presidential authority since Macron's botched parliamentary dissolution last year.
The implications are profound. The far right and left have long demanded greater representation for their voices in parliament, and with this shift in power, they may finally get it. But for Lecornu and his government, this could also mean that the money markets and the European Union will demand a more drastic belt-tightening of debt reduction.
Meanwhile, France's reputation has been severely damaged by weeks of confusion and capitulation. The president's popularity ratings have plummeted to just 14%, with most French voters blaming him for the crisis. Even his one-time adviser, Alain Minc, believes that Macron will "go down as the worst president of the Fifth Republic".
For now, Lecornu can focus on passing the budget, but this won't be easy. The draft budget tabled by Lecornu aims to reduce the deficit to 4.7% of GDP by making savings of €30 billion. But even if that happens, it's unlikely to restore trust in politics or reverse the growing disillusionment with France's leaders.
The real question is whether France can recover from its current crisis and regain its standing on the world stage. One thing is certain: the country needs strong leadership, and Lecornu will need more than just survival instincts if he is to achieve that goal.