Economy

Legislators toppled France’s government in a confidence vote on Monday 8 September, a new crisis for Europe’s second-largest economy that obliges President Emmanuel Macron to search for a fourth prime minister in 12 months. Prime Minister Francois Bayrou was ousted overwhelmingly in a 364-194 vote against him. Bayrou paid the price for what appeared to be a staggering political miscalculation, gambling that lawmakers would back his view that France must slash public spending to rein in its debts. Instead, they seized on the vote that Bayrou called to gang up against the 74-year-old centrist who was appointed by Macron last December.