France's government collapsed Wednesday after Prime Minister Michel Barnier was forced out in a no-confidence vote in Parliament, reigniting a summertime political crisis for the country as it prepares to face a new year.

President Macron due to address the nation as the minority government led by his hand-picked premier is toppled.

Mr Macron seems to want to appoint a successor swiftly. He needs a new team in order to use special measures to roll over this year’s budget provisions, without inflation adjustments, into 2025. Various veteran centrists or conservatives could be stop-gap options.

Michael Barnier has become the shortest-serving French prime minister in modern history as opposition parties have ousted his government in a historic no-confidence vote – which hands president Emmanuel Macron a fresh political crisis.

France’s government fell after MPs voted to oust prime minister Michel Barnier’s administration and plunge the country into fresh political turmoil and without a budget.

Prime Minister Michel Barnier will most likely remain as a caretaker until a replacement is named. But the vote could further unsettle credit markets and create a wider opening for the far right.

France’s minority government looks in its final hours as opposition lawmakers from the left and the far right vowed to topple Prime Minister Michel Barnier’s Cabinet

The French government is all but certain to collapse later this week after far-right and left-wing parties submitted no-confidence motions on Monday against Prime Minister Michel Barnier. Investors immediately punished French assets as the latest developments plunged the euro zone's second-biggest economy deeper into political crisis,

A vote by the lower house of Parliament could force the prime minister to resign, leaving his budget legislation in limbo.