France, budget
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France’s government will push lawmakers to approve emergency legislation to keep the state running into January after they failed to agree on a 2026 budget, a stopgap measure to avert a shutdown as pressure mounts from investors and ratings agencies.
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.