French President Emmanuel Macron said his decision to call early parliamentary elections in June 2024 had created more instability than peace.
Last June, Macron dissolved the French National Assembly and called for a snap election after the right-wing National Rally party made gains in the European Union parliamentary elections.
‘Moment of Clarification’
In a televised address ahead of New Year’s celebrations, Macron said: “I have to recognize tonight that the dissolution has, for the moment, brought more divisions to the Assembly than solutions for French people.“I fully acknowledge that.”
He justified the move, saying the country needed a “moment of clarification” to address the rise of National Rally in European elections.
Macron has been caught between a left-wing coalition that includes his own Renaissance party, La France Insoumise, the Socialist Party, the Ecologists, and the French Communist Party and the National Rally.
On Dec. 5, 2024, French lawmakers from all sides of the political spectrum voted to remove Macron’s pick for the powerful post of prime minister, conservative politician and former Brexit negotiator Michel Barnier, in a no-confidence motion.
The country’s debt is projected to soar to more than 3 trillion euros ($3.17 trillion) by 2025, with public debt hovering at roughly 110 percent of gross domestic product.
Macron also said the EU should stop being naive when it comes to international trade, as the bloc faces threats of tariffs by U.S. President-elect Donald Trump.
High Distrust
According to a poll by French market research and polling institute Elabe in December 2024, confidence in the president is at its lowest level.It shows that, for the second consecutive month, only 21 percent of French citizens surveyed by Elabe for the major French business-oriented newspaper Les Echos had confidence in the president of the republic to “effectively address the challenges facing the country.” This was the lowest level recorded by Elabe since Macron’s first election in May 2017.
Elabe stated that distrust remains particularly high, with 72 percent of respondents saying they do not trust him.
Macron has vowed to remain in the Elysee Palace for the duration of his term, which runs until mid-2027. Before then, he cannot be ousted by Parliament, although opposition on both his left and right flanks have called for his resignation.
EU’s 2 Largest Economies
Frank Furedi, executive director of MCC Brussels, previously told The Epoch Times that France’s deeply divisive political landscape meant that the “polarization of France” could intensify.He also said that with France and Germany—the EU’s two largest economies—facing significant political crises and “living on borrowed money,” the EU’s weaknesses were being exposed.
“It exposes the internal weakness of this project, because actually, the EU and its project look much stronger than they really are,” Furedi said.