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YEREVAN, DECEMBER 24, ARMENPRESS. France unveiled a new government on Monday composed of former ministers and senior civil servants, Reuters reports.
Eric Lombard, 66, the head of Caisse des Depots, the investment arm of the French government, became finance minister, working with Amélie de Montchalin as budget minister.
They will need to begin work immediately with Bayrou on passing a 2025 budget bill after parliamentary pushback over the proposed legislation led to the toppling of Bayrou's predecessor, former Prime Minister Michel Barnier.
Bayrou's new team will be under immediate pressure to slim down a deficit expected to end the year at above 6% of gross domestic product, according to Reuters.
Parliament is in recess until January 13. Once lawmakers return, however, Bayrou and his team will likely be living day-to-day, under the constant threat of no-confidence motions.
French President Emmanuel Macron will hope Bayrou can stave off no-confidence votes until at least July, when France will be able to hold a new parliamentary election.
Bayrou had struggled for 10 days to put together a government as he looks to stave off potential no-confidence votes from the far right and left.
In his other appointments, Conservative Bruno Retailleau remained interior minister, while Foreign Minister Jean-Noel Barrot and Defence Minister Sebastien Lecornu also remained in their posts.
Élisabeth Borne, who stepped down as prime minister in January, became education minister, while former interior minister Gerard Darmanin will lead the Justice Ministry.
The new Cabinet was approved by President Macron Monday evening.