Finance

French Socialists repeat call for left-wing PM as Macron seeks coalition talks

Published by Global Banking & Finance Review

Posted on December 10, 2024

2 min read

· Last updated: January 27, 2026

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French Socialists demand left-wing PM as Macron initiates coalition talks - Global Banking & Finance Review
The featured image illustrates the French Socialists' call for a left-wing prime minister as President Macron engages in coalition discussions. This reflects the ongoing political dynamics in France's finance sector.
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French Socialists Advocate for Left-Wing PM Amid Coalition Talks

By Charlotte Van Campenhout

PARIS (Reuters) - France's new prime minister should come from the left and any coalition government must commit to pension changes and helping with the cost of living, the Socialists said ahead of new talks with the president and other parties on Tuesday.

In a letter to President Emmanuel Macron, posted on X ahead of the talks at the Elysee palace, Socialist party chairman Olivier Faure repeated his threat that he'd immediately quit talks should Macron appoint another right-wing premier.

The centre-left Socialists are seen as a likely kingmakers in Macron's bid to form a new government with sufficient parliamentary support to make sure it wouldn't be toppled like the last cabinet under veteran conservative Michel Barnier.

Faure said that any guarantees not to vote the next government out of power, referred to as "non-censure" agreement, would depend on "a genuine shift in political direction".

He cited pensions and the cost of living among his priorities, saying "we stay true to the mandate our voters have given us" despite increasing signs the all-left electoral alliance known as New Popular Front might fall apart should its more moderate factions join the government.

"I urge them not to give in to the temptation of a government of national unity and a grand coalition," Manuel Bompard, a leader of the more hardline, far-left France Unbowed (LFI) party told France 2 television.

Macron will meet with political parties open to compromise on forming a government at 1400 CET (1300 GMT) on Tuesday, the Elysee said on Monday. A source close to Macron said neither the far-right National Rally party nor LFI wanted to be invited.

(Reporting by Charlotte Van Campenhout, additional reporting by Bertrand Boucey, editing by Tassilo Hummel and Ros Russell)

Key Takeaways

  • French Socialists demand a left-wing prime minister.
  • Coalition talks focus on pension reforms and cost of living.
  • Socialists threaten to leave talks if a right-wing PM is appointed.
  • Macron seeks parliamentary support for a stable government.
  • Far-left and far-right parties are excluded from talks.

Frequently Asked Questions

What is the main topic?
The article discusses the French Socialists' demand for a left-wing prime minister in coalition talks with President Macron.
What are the Socialists' main demands?
Their main demands include pension reforms and addressing the cost of living.
Who is excluded from the coalition talks?
The far-right National Rally party and the far-left France Unbowed (LFI) are excluded.

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