Macron Le Pen arm wrestle meme
  • New French PM likely to be named Thursday evening
  • Sees no case for Macron to quit under current conditions
  • Narrowing deficit to 3% by 2029 isn't credible

The expectation is that France will name a technocrat as a caretaker President for a budget and housekeeping until an election can be called for July.

Update: Barnier has handed in his resignation.