France: Lecornu says snap elections are “less likely”

Caretaker French Prime Minister Sebastien Lecornu expressed cautious optimism on Wednesday, suggesting that a budget deal could be reached, which would reduce the likelihood of a snap election. His comments came as he prepared to conclude talks with various parties and update President Emmanuel Macron on potential solutions to end France’s most severe political crisis in decades. Senior Lecturer in Economics at Lancaster University Management School, Renaud Foucart, gives his insights.