France could find itself heading for another snap parliamentary election, a government minister suggested on Tuesday, after opposition parties said they would vote to oust Prime Minister Francois Bayrou and as French markets tumbled.

Inconceivable' for French Socialists to Back PM Bayrou in Confidence Vote, Faure Says PARIS (Reuters) -The head of the French Socialist Party Olivier Faure told French daily Le Monde on Monday that it was "inconceivable" that French Socialists back Prime Minister Francois Bayrou in a confidence vote.

Prime Minister Francois Bayrou's minority government has opted to roll the dice with a confidence vote in a bid to get an unpopular budget through parliamant.

European shares closed lower on Tuesday, led by losses in France where the minority government looked increasingly likely to be ousted next month, while deepening concerns over the U.S. Federal Reserve's independence dampened global risk sentiment.