The French government looks set to collapse in a vote of no confidence and tip the eurozone’s second biggest economy into a political crisis. Prime Minister Francois Bayrou is expected to be ousted, casting doubt over President Emmanuel Macron’s future.

Monday’s vote hinges on Bayrou’s unpopular budget proposal for 2026, designed to slash France’s fiscal deficit. The 74-year-old political veteran, who called the vote himself in a bid to pressure lawmakers to back his plans, has been in office for only nine months.

France has had four prime ministers in less than two years, and a fifth probably won’t be enough to break the country’s political deadlock. The paralysis is reminiscent of the instability last observed in 1958 when the Fifth Republic was established.

Ahead of the no-confi

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