France Can Still Pass Budget by Year-End Despite Political Turmoil, Finance Minister Says
France's budget deadline looms as deficit widens beyond target amid political chaos.
France
FR still has time to pass its 2026 budget before year-end and can deploy special stopgap legislation to avoid a spending shutdown if negotiations fail, Finance Minister Roland Lescureroland lescure said Thursday. The statement comes as the country faces mounting fiscal pressures and political fragmentation that has already toppled three governments since President Emmanuel Macronemmanuel macron lost his parliamentary majority in a 2024 snap election.
FR still has time to pass its 2026 budget before year-end and can deploy special stopgap legislation to avoid a spending shutdown if negotiations fail, Finance Minister Roland Lescureroland lescure said Thursday. The statement comes as the country faces mounting fiscal pressures and political fragmentation that has already toppled three governments since President Emmanuel Macronemmanuel macron lost his parliamentary majority in a 2024 snap election."I remain convinced that adopting a budget before the end of the year is possible," Lescure told journalists. The 2026 budget bill is currently under discussion in the Senate after the lower house rejected its tax provisions last month. The Senate is scheduled to vote early next week, followed by a joint committee from both houses that must produce a new version for lower house approval by December 23.
