France’s Macron to Name New PM, Shelving Threat of Snap Elections

PARIS—President Emmanuel Macron is moving to name a new prime minister rather than calling snap elections, an approach that buys time for the country’s political establishment to pull France out of its fiscal disarray.

Macron had been wielding the unspoken threat of dissolving the National Assembly and holding parliamentary elections after his latest prime minister, Sébastien Lecornu, abruptly resigned Monday amid bickering over his cabinet choices.