In the midst of France’s deepening political crisis, outgoing Prime Minister Sébastien Lecornu expressed cautious optimism about the possibility of passing a budget before the year’s end. Lecornu, who became the third French prime minister to resign in less than a year, has been tasked with finding a solution to stabilize the country by Wednesday evening. His resignation on Monday plunged France into renewed political uncertainty, just 18 months before President Emmanuel Macron’s second term concludes. Macron’s decision to call snap elections in mid-2024 resulted in a hung parliament and a series of minority governments, further complicating the political landscape. Lecornu, who served only 26 days before his government collapsed, has been engaging with various political parties to forge a path forward. He noted a ‘willingness’ among parties to pass a budget by December 31, which could reduce the likelihood of dissolving parliament. However, challenges remain, as Socialist leader Olivier Faure ruled out his party’s participation in any government led by Macron’s allies, citing irreconcilable differences over the budget plan. Meanwhile, the hard-right National Rally, led by Marine Le Pen, has called for new parliamentary elections. Lecornu’s best hope appears to be forming a centrist coalition with the conservative Republicans, though their participation is uncertain. National Assembly President Yaël Braun-Pivet warned of ‘very serious consequences’ if a budget deal is not reached soon. Lecornu emphasized the importance of reducing France’s budget deficit, which currently stands at 5.4% of GDP, to maintain the country’s credibility and borrowing capacity. Additionally, he highlighted the need to address the future of New Caledonia, France’s South Pacific territory, which has been seeking greater autonomy. The planned 2026 budget included financial aid for New Caledonia following last year’s riots, but Lecornu’s resignation has delayed the referendum and provincial elections scheduled for next year.