In France, the left-wing coalition, the New Popular Front, which won the legislative elections, is still delaying the selection of a candidate for the position of Prime Minister. Among the far-left of La France Insoumise, Socialists, and Ecologists, nothing seems to be moving towards an agreement. Personal ambitions and political calculations are blocking progress from all sides. The political joke is turning into a fiasco. To the point that observers wonder if the Socialists are letting the situation rot to ultimately attempt to form a coalition with the Macronists from the National Assembly and right-wing deputies belonging to the Republicans. France would then be heading towards a “hodgepodge coalition” akin to the German style, even though the French have no tradition for this hybrid type of political gathering.

The President of the French Republic has dissolved himself and is plunging his country into adventure, worry, and amateurism.

Nearly ten days after the legislative election results, the French political landscape resembles a quicksand swamp. The coming week is decisive: between the last Council of Ministers of the Attal government on July 15 and the opening of the new legislature in the Assembly on July 18, France needs to find a new majority, a new Prime Minister, and a new President of the Assembly! The person responsible for this irrational upheaval is Emmanuel Macron. At a time when the Olympic Games are about to open in Paris, and when French public finances need a substantial tightening, the President of the French Republic has dissolved himself and is plunging his country into adventure, worry, and amateurism.

The charge from the President of the Court of Auditors, a public body overseeing French finances, did not go unnoticed: "I want to take advantage of this report to appeal to political forces, to tell them that there is a political deadlock that must be resolved," said Pierre Moscovici. The former Finance Minister and European Commissioner reminded of some figures: a public debt of 3.1 trillion euros, which could rise to 3.6 trillion euros in 2027, while the annual debt service of French debt would increase, in two years, from 52 to 80 billion euros. This debt service alone would exceed the largest public budget, that of National Education!

The record of Emmanuel Macron, who during his years in power dispensed lessons and advice to many countries and peoples, is disastrous: economically, financially, diplomatically, and societally. What will remain of Macronism? A France fractured as never before and the political rise of the extremes in a country plagued by doubt and decline.

How and in what state will French democracy emerge from this "political quagmire" into which Macron has plunged the country he was responsible for? At the NATO summit in Washington, several observers noted on the spot that the French President’s credibility was increasingly likened to that of the "Phantom of the Opera."