France’s minority government looks in its final hours as opposition lawmakers from the left and the far right vowed to topple Prime Minister Michel Barnier’s Cabinet.

France’s prime minister, Michel Barnier, is facing a no-confidence vote that could leave the country without a functioning government or a budget as it enters the new year.

France could see a political earthquake in the coming days as the far right National Rally gave the government a deadline of Monday to agree fresh concessions over the budget.

France is at a critical juncture due to uncertainty over the country's budget and the future of the government, Finance Minister Antoine Armand said on Tuesday. Expectations that Prime Minister Michel Barnier's government will collapse this week have hit the stock and bond markets of France,

France on Tuesday braced for new political turmoil as opposition lawmakers prepared to back a no-confidence motion this week that risks toppling the government of Prime Minister Michel Barnier after just three months in office.

France's minority government is in a precarious position, with the far-right National Rally party promising to force the collapse of Prime Minister Michel Barnier's cabinet unless it yields to its demands on next year's budget.

The French government is all but certain to collapse later this week after far-right and left-wing parties said they will vote in favour of a no-confidence motion against Prime Minister Michel Barnier.