French Prime Minister Michel Barnier's government could collapse after three months in power due to a coalition of right- and left-leaning political parties opposing a recent budget move.

The French government is barreling toward a collapse that would plunge the country into political chaos and could have economic ripple effects in Europe. Barring a late surprise, a no-confidence vote backed by both the far right and far left is expected to gather enough votes on Wednesday to bring down Prime Minister Michel Barnier’s administration,

The French government collapsed on Wednesday after losing a no-confidence vote, thrusting the euro zone's second-largest economy further into political crisis, and threatening its capacity to legislate and repair its precarious finances.