France’s slow-moving debt crisis

French president Emmanuel Macron has named Sébastien Lecornu as the country’s new prime minister. The former defence minister, who is a close ally of the embattled president, will become France’s fifth PM in less than two years as successive minority governments struggle to navigate a fractured parliament. Lecornu’s predecessor, François Bayrou, resigned on Tuesday after losing a no-confidence vote that saw communists and the far-right join forces to bring him down. Bayrou had provoked fierce op...