By Bertrand Boucey and Sudip Kar-Gupta
PARIS (Reuters) -French Prime Minister Michel Barnier will resign on Thursday after reactionary and leftist legislators voted to fall his federalgovernment, plunging the euro zone’s second-largest economy muchdeeper into political crisis.
Barnier, a veteran politicalleader who was previously the European Union’s Brexit mediator, will be the shortest-serving prime minister in modern-day French history after he hands in his resignation at around 10 am (0900 GMT). No French federalgovernment had lost a self-confidence vote consideringthat Georges Pompidou’s in 1962.
The political chaos additional deteriorates a European Union currently reeling from the implosion of Germany’s union federalgovernment, and comes weeks before U.S. President-elect Donald Trump returns to the White House.
The difficult left and far right penalized Barnier in a no-confidence vote on Wednesday night for attempting to push an undesirable budgetplan through an rowdy hung parliament without a vote. The draft spendingplan had lookedfor 60 billion euros ($63 billion) in costsavings in a drive to diminish a open deficit.
Barnier’s resignation caps weeks of stress over the spendingplan, which Marine Le Pen’s reactionary National Rally stated was too severe on working individuals.
It likewise evenmore compromises the standing of President Emmanuel Macron, who precipitated the continuous crisis with an unfortunate choice to call a snap election in June.
Macron, who dealswith growing calls to resign, has a required till 2027 and cannot be pressed out.
Still, the long-running political fiasco has left him a reduced figure. An online survey brought out simply after the no-confidence movement revealed 64% of citizens desire Macron to resign.
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