France's political instability is causing concern, with five prime ministers in under two years and ongoing struggles to pass a budget. A recent general strike highlighted public discontent. Italy's media gleefully reports France's woes, noting spiraling debt and a potential IMF bailout. Fitch downgraded French debt, raising concerns about the country's economic stability. President Macron's new prime minister faces a Herculean task to forge a budget deal amidst political divisions and upcoming elections. While some point to the country's underlying economic strengths, others warn of a potential collapse unless drastic reforms are implemented.

Prepared by Lauren Mitchell and reviewed by editorial team.