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France’s new PM in 'precarious situation': French economist Jean Pisani-Ferry The nomination of Michel Barnier, a veteran of both French and EU politics, to the post of French prime minister, is “a surprise and a delicate gamble” by French president Emmanuel Macron. That’s according to our guest in Talking Europe, economist and political analyst Jean Pisani-Ferry. He tells Armen Georgian that the new French government will not be able to avoid difficult decisions, especially when it comes to the country’s alarming budget deficit. “We can’t afford to navigate with a short-term perspective,” Pisani-Ferry says.