France faces acute political instability as President Emmanuel Macron’s second term nears its end in 2027 amid repeated government collapses, most recently with Prime Minister Sébastien Lecornu resigning after just 26 days following failed budget negotiations in a fragmented National Assembly. Ongoing student protests, strikes, blocked ports, and surging bond yields reflect fiscal strain from a deficit above 5% of GDP and public debt near 120% of GDP. Opposition parties on both the left and right have filed no-confidence motions and called for early presidential elections or Macron’s resignation, while polls show far-right leader Marine Le Pen leading the spring 2027 contest. Macron has rejected early departure and retains constitutional authority until May 2027, though further parliamentary paralysis or sustained market pressure could intensify calls for a leadership transition before term’s end.