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.

France forms a new government led by President Macron and PM Bayrou amidst political and financial turmoil. Challenges include crushing debt, pressure from far-right forces, and no parliamentary majority.

French Prime Minister Francois Bayrou is running out of time to meet his self-imposed deadline to name a new cabinet that won’t be quickly toppled by a no-confidence vote in parliament.