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French National Assembly unanimously rejects budget bill – POLITICO

By staffNovember 5, 20261 Min Read
French National Assembly unanimously rejects budget bill – POLITICO
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With France’s economy stagnating, debt piling up and the risk of a financial crisis looming over the country, Lecornu’s government is under pressure to put French finances in order. It has pledged to bring down the deficit — the difference between how much the government spends and how much it brings in — to 5% of the gross domestic product next year.

Budget Minister David Amiel warned on Wednesday that, after the amendments, the version of the budget rejected that night would have brought the deficit to 5.9%.

With Lecornu lacking a majority in the lower chamber, the rejection was widely expected and increases the chances that the government will try to force the text through. As the April 2027 presidential election approaches, the government has repeatedly insisted that it aims to adopt the budget by the end of the year — something it failed to do with the two previous budgets.

The government could either use Article 49.3 of the Constitution again, a provision that allows it to bypass a parliamentary vote but exposes it to no-confidence motions. It could also adopt the budget through executive orders, an unprecedented option in France’s recent history.

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