**Macron's second term runs through spring 2027, with the French president repeatedly stating he will serve until the end and reject early resignation despite mounting pressure.** Ongoing parliamentary deadlock since the 2024 snap elections has produced repeated prime ministerial changes, including Sébastien Lecornu's brief 2025 tenure, and triggered no-confidence motions from both the far-right National Rally and left-wing factions. Low approval ratings near 15%, fiscal strains, student protests, and opposition demands for dissolution or his departure have fueled speculation, yet no constitutional mechanism or cross-party consensus supports forced removal. Traders assign only low single-digit odds to an exit by late 2026, reflecting Macron's consistent public position, scheduled term limits, and the absence of recent verifiable developments indicating imminent departure. Upcoming budget fights and any further government instability remain the main near-term variables that could influence sentiment.
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