France has a new government. Now it must fix the budget while avoiding collapse

French President Emmanuel Macron’s new government, led by Prime Minister Francois Bayrou, includes members from the outgoing conservative team and new figures from centrist or left-leaning backgrounds. The urgent task at hand is to create a 2025 budget to address France’s massive debt, following months of political deadlock. Bayrou faces challenges in forming a government that satisfies lawmakers, with key appointments like finance minister Eric Lombard and hard-right interior minister Bruno Retailleau, as the country navigates budget disputes and financial commitments to the European Union.

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