France, budget
Digest more
A French parliamentary committee failed to agree on a 2026 budget, pushing discussion on the full fiscal plan into the new year and increasing doubts over how the government can rein in the deficit.
A joint committee of French lawmakers on Friday failed to reach a compromise on the state budget for next year, parliamentary sources said, meaning France would not have a 2026 budget by year end.
France still has time to pass a budget before the end of the year and can pass special stopgap legislation to avoid a shutdown in spending if time runs out, Finance Minister Roland Lescure said on Thursday.
France’s economy is set to keep growing through the first half of next year, overcoming heightened political and budget uncertainty.