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To alleviate this pressure, discussions are underway regarding the appointment of a caretaker prime minister. Names like Michel Barnier and Gabriel Attal have surfaced, with Barnier positioned to retain control over budgeting and public finances. This temporary leadership could serve as a bridge for the government as Macron contemplates his next strategic move.
Economic Implications: Austerity on the Horizon
The most pressing concern for the Macron administration is the upcoming budgetary challenges. The French government may need to enact a special law to extend its budgetary measures into 2025, potentially leading to stricter austerity policies than those previously suggested by Barnier. These measures could significantly impact defense spending, taxation, and inflation management.