PARIS—French President Emmanuel Macron is ready to call timeout on his signature pension overhaul to save what remains of his presidency.Macron’s newly reappointed prime minister on Tuesday proposed suspending increases in France’s retirement age until after the next presidential election in 2027,

PARIS (AP) — French Prime Minister Sébastien Lecornu on Tuesday announced he would suspend a much-debated plan to raise the retirement age from 62 to 64, in a move aimed at preventing his fragile minority government from being toppled.

As a new prime minister seeks stability, three government shake-ups since last summer have already taken their toll on the French economy.

While France has a long history of hefty overspending, economists say political turmoil – which has stalled policymaking – is bringing the country’s debt problem to a head.

France's new prime minister has named a government, bringing back former finance minister Bruno Le Maire as defense minister.

French Prime Minister Sébastien Lecornu resigned from his post on Monday after only 27 days in power, marking his term

Andrzej Szczepaniak, executive director of European economics at Nomura, tells CNBC that France could have passed its budget bill by now if the government had shown more flexibility on pension reform.

French President Emmanuel Macron faces a political crisis after his prime minister resigned on Monday. This marks Macron's fourth prime minister in just over a year. The resignation adds to

President Emmanuel Macron faces a difficult task ahead after his second Prime Minister was ousted in a matter of months.

The French government's 2026 budget plans are based on rosy economic assumptions and its belt-tightening measures may fall short - or never even take shape if the new administration collapses, the independent fiscal watchdog said on Tuesday.

President Emmanuel Macron of France is facing some of the country’s worst political turmoil in decades. A new government has been appointed, but how long it will last is anyone’s guess.