Overview

• François Bayrou asked President Emmanuel Macron to convene an extraordinary National Assembly session for Sept. 8 to seek confidence for his fiscal plan.
• National Rally, France Unbowed, the Greens and the Socialists said they will vote against the government, putting the minority cabinet on track for defeat.
• The 2026 package targets roughly €44 billion in savings, including scrapping two public holidays and freezing certain welfare spending and tax brackets.
• French markets fell after the announcement, with the CAC 40 down about 1.6–2% and 10-year bond yields rising.
• Nationwide protests are set for Sept. 10 with backing from left parties and some unions, as rivals press for dissolution and some even urge Macron’s resignation if the government falls.