PARIS — French President Emmanuel Macron on Friday named centrist ally François Bayrou as prime minister in an effort to address the country's deep political crisis, after a historic parliamentary vote ousted the previous government last week.
Bayrou, 73, a crucial partner in Macron's centrist alliance, has been a well-known figure in French politics for decades. His political experience is seen as key in efforts to restore stability as no single party holds a majority at the National Assembly.
Macron's office said in a statement that Bayrou ''has been charged with forming a new government.''
Former Prime Minister Michel Barnier resigned last week following a no-confidence vote prompted by budget disputes in the National Assembly, leaving France without a functioning government. Macron in an address to the nation vowed to remain in office until his term ends in 2027.
Bayrou vows to seek ‘needed reconciliation'
During the handover ceremony, Bayrou said that ''no one knows the difficulty of the situation better'' than he does.
''I've taken reckless risks all along my political life to raise the issue of debt and deficits in the most important elections,'' he said.
France is under pressure from the European Union's executive body and financial markets to reduce its colossal debt, estimated to reach 6% of its gross domestic product this year.