France unveiled a new government on Monday, comprised of former ministers and senior civil servants that Prime Minister Francois Bayrou will hope can oversee the passage of a 2025 budget and avoid a collapse that would deepen the country's crisis.

French President Emmanuel Macron named a new government Monday evening, putting together a team under Francois Bayrou, his fourth prime minister of the year, to drag the second-largest EU economy out of political crisis.

Newly named Prime Minister Francois Bayrou put together the government that includes members of the outgoing conservative-dominated team.

The clock ticked Monday for French President Emmanuel Macron to appoint the fourth government in a year marked by a deepening political crisis.