A total of 364 deputies voted against Bayro and 194 vote in favor of it after the vote was required in an attempt to pay through the savings plan of 44 billion euros (51 billion dollars), which included canceling two years and freezing government spending. CNN NNN reported 364 votes against Bayro was much higher than the threshold of 280 votes to topple the government.
Bayou will now have to step down after only nine months in his position, in the footsteps of his predecessor Michelle Barnier, who lost a vote without confidence last December.
French President Emmanuel Macron will designate a new prime minister in the coming days, according to the Ellisse Palace. But the departure of Payro leaves Macron with a few palatable options.
Investors were shaken. The return on French government bonds – or the interest rate that investors requested – increased over those Spanish, Portuguese and Greek bonds, which were at the heart of the eurozone debt crisis. The potential reduction in reviewing the classification of sovereign debt in France would provide another blow to its economic position in Europe.
According to the CNN report, political instability can be returned to Macron’s dramatic decision last year to contact the sudden elections. In terms of the wonderful results of the far -right national gathering in the European Parliament elections in May 2024, the French President forced the vote in which his party lost his seats to the far right and left, leaving France with the divided parliament.
MNA
