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French government collapses as political chaos reaches boiling point

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The French government collapsed on Wednesday as parliament voted to oust Prime Minister Michel Barnier and his cabinet, throwing the nation into the worst political and fiscal turmoil in decades. Why it matters: The chaos leaves Europe's second largest economy without a functioning government for the first time in 60 years — the most severe fallout to date from the efforts to shrink its deficit.
The French government has collapsed following the resignation of Prime Minister Elisabeth Borne, amidst escalating political turmoil. This development comes as President Emmanuel Macron struggles to push through his reform agenda, particularly an immigration bill, which has met with significant opposition. The political instability is further exacerbated by the upcoming European Parliament elections, where the far-right National Rally, led by Marine Le Pen, is gaining ground. The collapse has led to a power vacuum, with no clear successor to Borne, and has raised concerns about the government's ability to function effectively. This situation has also sparked discussions on the potential for a technocratic government or a reshuffle to stabilize the political landscape.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/politics/government/french-government-collapses-as-political-chaos-reaches-boiling-point/ar-AA1vhq7i ]