As he spoke in debate ahead of confidence vote he looks set to lose, François Bayrou said economic meltdown and high taxes could force billionaires to flee as they have done in Britain.
François Bayrou may be forced out of the role he has only held since December if, as expected, he loses today's vote, a scenario that could have dire consequences for the French economy and President Emmanuel Macron.
If confidence vote in François Bayrou's governemnt is lost, President Emmanuel Macron will then need to decide if he reappoints Bayrou, chooses a new premier who would be the seventh government chief of his presidency, or calls snap legislative elections.
The likely fall of prime minister François Bayrou exposes a political malaise that is likely to sour French politics well beyond the 2027 presidential election as the far-right exploits the moment.
Economists are keeping a close eye on the French political arena ahead of the 8 September vote of confidence, which could lead to the resignation of the government.
As 10 September nears, the emerging movement 'Bloquons Tout' – “Let’s Block Everything” – is calling to bring France to a standstill in protest at economic policies.
Move against Google risks provoking ire of President Trump who has threatened huge tariffs against countries that impose “discriminatory” regulations on American tech companies.
Police in the French port city of Marseille on Tuesday killed man suspected of stabbing five people in the city centre after he was evicted from an hotel for refusing to pay his bill.