Europe

Serbian President Aleksandar Vučić announced he will resign in the coming weeks, calling for early presidential and parliamentary elections. His decision follows a year and a half of protests demanding early elections, triggered by a tragic railway accident. Vučić did not specify a timeline for his resignation.

A brutal heatwave will persist across Europe this weekend, with record temperatures recorded in the UK, France, and Germany. As Paris bans alcohol in public and postpones the Pride March, emergency services respond to increased callouts amid extreme conditions, with temperatures peaking at 39°C in the French capital.

“Perhaps, if one is permitted to draw a lesson at such a dramatic moment, his excess of programmatic Europeanism, coupled with a lack of pragmatic Europeanism, has ultimately turned against him. If he had succeeded in realising at least some of the projects he announced, if he had really dared to share with his allies the military and nuclear supremacy he wields in Europe, France and Europe themselves would not be reduced to this pitiful state today.”

“Interest rates would rise. The financial markets are worried about France. They don’t know which way our country is headed. … France’s attractiveness would decline. In recent years, since 2015, France has become more attractive to foreign investors. … But since the dissolution of parliament, investors have been asking themselves: should they invest elsewhere? Should they wait and see if France remains hospitable? Some projects have already been cancelled, others have been scaled back or postponed. The fall of the Barnier government would only fuel this spiral of mistrust.”

“The appointment of a new prime minister and a new government would significantly curb Marine Le Pen’s party’s influence. Right now, everyone realises that the future of the government lies in her hands, since it can only stay in power thanks to her goodwill. She is playing this card well by raising the stakes. If a new government is appointed in the near future, whether on a joint (undoubtedly more left-wing) basis or as a ‘technical’ government, her influence would be severely limited, if not reduced to zero.”

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