French Prime Minister Michel Barnier's government could collapse after three months in power due to a coalition of right- and left-leaning political parties opposing a recent budget move.

A political crisis in France, weeks after the German government collapse, could leave two of Europe’s most powerful players rudderless at an uncertain moment.

Michel Barnier is expected to be ousted in a no-confidence vote that could plunge markets into turmoil as Frances faces mounting pressure from the European Union to cut its budget deficit