France’s ‘Beautiful Dream’ Fades as Games Give Way to Political Crisis 

French President Emmanuel Macron gives thumbs up next to IOC president Thomas Bach (L) during the Closing Ceremony of the Paris 2024 Olympic Games at the Stade de France Stadium in Paris, France, 11 August 2024. (EPA)
French President Emmanuel Macron gives thumbs up next to IOC president Thomas Bach (L) during the Closing Ceremony of the Paris 2024 Olympic Games at the Stade de France Stadium in Paris, France, 11 August 2024. (EPA)
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France’s ‘Beautiful Dream’ Fades as Games Give Way to Political Crisis 

French President Emmanuel Macron gives thumbs up next to IOC president Thomas Bach (L) during the Closing Ceremony of the Paris 2024 Olympic Games at the Stade de France Stadium in Paris, France, 11 August 2024. (EPA)
French President Emmanuel Macron gives thumbs up next to IOC president Thomas Bach (L) during the Closing Ceremony of the Paris 2024 Olympic Games at the Stade de France Stadium in Paris, France, 11 August 2024. (EPA)

The Paris Olympics delivered a dazzling summertime success that charmed the world and reaffirmed French national pride. The hangover will be tough.

With Sunday's closing ceremony drawing a line under the sporting spectacle, President Emmanuel Macron must now deal with a self-created political crisis that he swept under the carpet until the Games were over.

Talks over government jobs and budget cuts loom - with voter anger sure to follow.

"Now we have to wake up from this beautiful dream," said Christine Frant, 64, at the Club France fan zone last weekend. "Such a shame we're going to return to our day-to-day routine, with no government, squabbles in parliament, while here it was all about joy, sharing."

Macron seemed to cast the entire fate of the Olympics into doubt when he called a snap legislative election just weeks before the Games were due to begin. Voters delivered a hung parliament.

Choosing a prime minister who can appease Macron's centrist camp, a leftist alliance and the far-right National Rally has proven tricky.

After days of political dealmaking that went nowhere after the July 7 vote, Macron declared a political truce for the duration of the Games, giving himself until around mid-August to name a prime minister and let political parties negotiate.

The mysterious sabotage on railway and telecoms targets at the start of the Games seemed like an ominous portent, but after that, the event carried on with no further security scares.

Macron decamped to his presidential retreat on the French Riviera, with a few incursions into Paris, including for a long hug with French judo titan Teddy Riner after he clinched his fourth career gold.

While many in France followed the tribulations of the Lebruns, two ping-pong-playing brothers, or cheered on star swimmer Leon Marchand, French politicians have been plotting a way out of the crisis.

Now, Macron will need to make a decision.

DECISION TIME

He has ignored the candidate painstakingly agreed on by the left-wing alliance, the New Popular Front, which came on top in the elections but has so far made no overtures to other parties to garner a majority.

Despite efforts to bolster her profile with media interviews, the chosen candidate Lucie Castets remains a political unknown.

"Who is she?" said Zahera Dakkar, 40, after watching the volleyball final at Club France. "I haven't followed politics for two weeks. The Games were an escape from all that."

Castets' hopes of the left taking Matignon, the prime minister's official residence, appear slim. Macron believes the vote delivered a National Assembly whose "center of gravity is in the center or the center-right," a source close to him said.

"We need a personality capable of talking to the center, the right and the left. From the socially-minded right to the left that care about law-and-order," said the source, who declined to be named to discuss the president's thinking.

Macron's eventual pick cannot appear to be a flunky, the source added, with an oppositional figure needed to give the government a "flavor of cohabitation".

Xavier Bertrand, a former conservative minister under ex-President Jacques Chirac who has had tough words against Macron but has collaborated constructively with his government in his northern region fiefdom, could be compatible, the source said.

Bernard Cazeneuve, a former prime minister under Socialist President Francois Hollande, who was in office at the time of the 2015 extremist attacks in Paris, could also work, the source said. Both men's offices did not return a Reuters request for comment.

BUDGET CHALLENGE

Whoever Macron names will face a tough job, with the parliamentary approval of the 2025 budget top of the in-tray at a time when France is under pressure from the European Commission and bond markets to reduce its deficit.

"If Macron tries to name a sort of rightist government, he will get no budget," said Eric Coquerel, the leftist head of the finance committee in parliament.

Macron's entourage is keen to use the Games, organized by a centrist president, a Socialist mayor and a conservative regional leader, as an example of what France can do when different sides come together.

His rivals want to make sure the president gets no credit, Senator Laure Darcos told Reuters.

Even if Macron's domestic fortunes remain bleak, the Games have bolstered his international standing.

Michael Payne, a former IOC marketing chief, said the president is seen from abroad as "the leader who delivered," but he believed Macron had made a major strategic mistake by calling the snap election before the Olympics rather than after.

At Club France, where families stood in line to take selfies with the Olympic torch or snapped up fluffy red mascots, it was hard to find anyone who wanted to talk politics.

"Please, no!" said Frant, a French flag around her neck.



Kremlin Says Europe Will Feel the Recoil from Its 'Illegal' Sanctions on Russia

Kremlin spokesman Dmitry Peskov attends a meeting of Russian President Vladimir Putin with the heads of international news agencies at the newly renovated St. Petersburg Rimsky-Korsakov State Conservatory on the sidelines of the St. Petersburg International Economic Forum in St. Petersburg, Russia, Thursday, June 19, 2025. (Vyacheslav Prokofyev, Sputnik, Kremlin Pool Photo via AP)
Kremlin spokesman Dmitry Peskov attends a meeting of Russian President Vladimir Putin with the heads of international news agencies at the newly renovated St. Petersburg Rimsky-Korsakov State Conservatory on the sidelines of the St. Petersburg International Economic Forum in St. Petersburg, Russia, Thursday, June 19, 2025. (Vyacheslav Prokofyev, Sputnik, Kremlin Pool Photo via AP)
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Kremlin Says Europe Will Feel the Recoil from Its 'Illegal' Sanctions on Russia

Kremlin spokesman Dmitry Peskov attends a meeting of Russian President Vladimir Putin with the heads of international news agencies at the newly renovated St. Petersburg Rimsky-Korsakov State Conservatory on the sidelines of the St. Petersburg International Economic Forum in St. Petersburg, Russia, Thursday, June 19, 2025. (Vyacheslav Prokofyev, Sputnik, Kremlin Pool Photo via AP)
Kremlin spokesman Dmitry Peskov attends a meeting of Russian President Vladimir Putin with the heads of international news agencies at the newly renovated St. Petersburg Rimsky-Korsakov State Conservatory on the sidelines of the St. Petersburg International Economic Forum in St. Petersburg, Russia, Thursday, June 19, 2025. (Vyacheslav Prokofyev, Sputnik, Kremlin Pool Photo via AP)

The Kremlin said in remarks published on Sunday that the tougher the sanctions imposed on Russia by Europe, the more painful the recoil would be for Europe's own economies as Russia had grown resistant to such "illegal" sanctions.

Russia's invasion of Ukraine in 2022 triggered a wave of Western sanctions on Russia and it is by far the most sanctioned major economy in the world.

The West said that it hoped its sanctions would force President Vladimir Putin to seek peace in Ukraine, and though the economy contracted in 2022, it grew in 2023 and 2024 at faster rates than the European Union.

The European Commission on June 10 proposed a new round of sanctions against Russia, targeting Moscow's energy revenues, its banks and its military industry, though the United States has so far refused to toughen its own sanctions.

Asked about remarks by Western European leaders including French President Emmanuel Macron that toughening sanctions would force Russia to negotiate an end to the war, the Kremlin said only logic and arguments could force Russia to negotiate.

"The more serious the package of sanctions, which, I repeat, we consider illegal, the more serious will be the recoil from a gun to the shoulder. This is a double-edged sword," Kremlin spokesman Dmitry Peskov told state television.

Peskov told state television's top Kremlin correspondent, Pavel Zarubin, that he did not doubt the EU would impose further sanctions but that Russia had built up "resistance" to such sanctions.

President Vladimir Putin said on Friday that any additional EU sanctions on Russia would simply hurt Europe more - and pointed out that Russia's economy grew at 4.3% in 2024 compared to euro zone growth of 0.9%.