Storyline: France's outgoing Prime Minister Sebastien Lecornu will hold final negotiations with other political parties from Tuesday to Wednesday to try to maintain the country's stability, the PM said on Monday evening, hours after his resignation. Lecornu resigned earlier on Monday after less than a month in office, making him the shortest-serving prime minister of France's Fifth Republic. The Elysee Palace said in a statement that French President Emmanuel Macron on Monday entrusted Lecornu with "the responsibility of conducting final negotiations by Wednesday evening to define a platform for action and stability for the country." Lecornu said he would report the negotiation results to Macron on Wednesday evening, after which the latter would make the necessary decisions based on the report. Lecornu, appointed 27 days ago, quit a day after unveiling a cabinet lineup that was nearly identical to its predecessor and drew sharp criticism across the political spectrum. The decision rattled investors. Yields on French 10-year government bonds surged over 9 basis points during trading on Monday, breaking through the 3.6 percent mark and approaching highs last seen during the 2011 European debt crisis. This signals deepening investor concerns over France's debt risks. Affected by this, shares of banks including BNP Paribas and Societe Generale plummeted. The French stock market's CAC 40 index fell more than 2 percent intraday before closing at 7,971.78 points, narrowing its decline to 1.36 percent. Data released last month by France's National Institute of Statistics and Economic Studies showed that the country's public debt climbed further in the second quarter of this year, reaching approximately 3.4 trillion euros, with the ratio of public debt to GDP rising to 115.6 percent. Lecornu's previously submitted draft budget for 2026 included measures such as cutting routine fiscal expenditures and increasing investments in people's livelihoods, aiming to reduce the fiscal deficit ratio. Analysts suggest that his resignation may cause the budget proposal to stall, while the persistently rising debt could weaken the momentum of France's economic growth. Shotlist: FILE: Paris, France - May 6, 2024: 1. Various of Elysee Palace; French national flag, EU flag FILE: Paris, France - 2015: 2. Various of French National Assembly building FILE: Paris, France - April 28, 2024: 3. Various of Arc de Triomphe, national flag of France 4. Various of traffic FILE: Paris, France - April 28, 2024: 5. Various of Eiffel Tower, boats on river FILE: Paris, France - Date Unknown: 6. Various of French national flag on top of Les Invalides. [Restrictions : No access Chinese mainland]