French President Emmanual Macron refused the resignation of the country’s Prime Minister, asking him on July 8 to remain temporarily as the head of the government after chaotic election results left the government in limbo.

French voters split the legislature on the left, center and far-right, leaving no faction even close to the majority needed to form a government. The results from July 7 (Sunday’s) vote raised the risk of paralysis for the European Union’s second-largest economy.

President Emmanuel Macron gambled that his decision to call snap elections would give France a “moment of clarification,” but the outcome showed the opposite, less than three weeks before the start of the Paris Olympics thrusts the country on the international stage.

France’s main share index opened with a dip, but quickly recovered, possibly because markets had feared an outright victory for the far right or the leftist coalition.

Prime Minister Gabriel Attal had said he would remain in office if needed but offered his resignation Monday morning. Mr. Macron, who named him just seven months ago, immediately asked him to stay on “to ensure the stability of the country.”