French Prime Minister Sebastien Lecornu appointed Roland Lescure as finance minister on Sunday in a cabinet reshuffle that retained multiple senior officials from the previous administration. Lescure faces challenging budget negotiations among three opposing political blocs after France's last two premiers lost confidence votes over fiscal policy. The country holds the eurozone's largest deficit while rating agencies monitor its finances closely.
Former finance minister Bruno Le Maire moved to the defense ministry to address European security concerns as Washington pressures the EU on Ukraine support. Foreign Minister Jean-Noel Barrot retained his position alongside interior chief Bruno Retailleau and justice head Gerald Darmanin. Lecornu proposed a wealth tax to court Socialist support while excluding business assets and pledged against forcing budget passage through constitutional mechanisms.
Former finance minister Bruno Le Maire moved to the defense ministry to address European security concerns as Washington pressures the EU on Ukraine support. Foreign Minister Jean-Noel Barrot retained his position alongside interior chief Bruno Retailleau and justice head Gerald Darmanin. Lecornu proposed a wealth tax to court Socialist support while excluding business assets and pledged against forcing budget passage through constitutional mechanisms.
