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France Announces New Government To Address Budget Challenges

Alexis Kohler, Secretary-General of the Elysee Palace, announces the names of the ministers of the new cabinet, in the Elysee Palace, Monday, Dec 23, 2024 in Paris. French President Emmanuel Macron's

French President Emmanuel Macron's office has announced the formation of a new government following the collapse of the previous Cabinet in a historic vote triggered by disagreements over the country's budget. The newly appointed Prime Minister, Francois Bayrou, has assembled a diverse team that includes members from the outgoing conservative-dominated government as well as new figures from centrist and left-leaning backgrounds.

One of the immediate priorities for the new government will be to address the 2025 budget, as France faces significant pressure to tackle its massive debt amid months of political deadlock and mounting concerns from financial markets. With no single party holding a majority in the National Assembly, Bayrou's extensive political experience is expected to play a crucial role in restoring stability.

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