France unveiled a new government on Saturday that aims to strike a fine balance between right-wingers and centrists, as Prime Minister Michel Barnier hopes to break political deadlock following snap elections that delivered a hung parliament.

The new cabinet pulls in allies from the centre and right, despite left-wing parties winning France's election.

French President Emmanuel Macron appointed Antoine Armand as finance minister, thrusting a 33-year-old with limited political experience into an urgent budget battle in which he must maintain tacit support from the far right to avoid government collapse.

PARIS (Reuters) -French President Emmanuel Macron's chief of staff announced the formation of a new government on Saturday, hoping to put an end to 2-1/2 months of political uncertainty following an inconclusive snap election that delivered a hung parliament.

The new cabinet remains largely dominated by ministers from the ranks of President Emmanuel Macron despite his party’s heavy losses in recent parliamentary elections.

The government still faces two challenges in the coming weeks: the risk of a no-confidence vote and a tight budget deadline.