Overview

• An official decree published in the Journal Officiel convenes a special session under article 49‑1 with a single agenda item for Bayrou’s policy declaration and confidence vote on September 8.
• La France insoumise and Les Écologistes say they will boycott Matignon talks, the Socialist Party will attend only to reiterate its no, and the National Rally will come but says it is too late.
• The government’s 2026 consolidation plan targets about €44 billion in savings with proposals including scrapping two public holidays, freezing indexation in an 'année blanche', adjusting retirees’ tax abatements, and new contributions from high earners.
• Bayrou’s move clouds the early‑October budget timetable for the PLF and PLFSS, while prior market reactions included a drop in Paris stocks and a rise in France’s 10‑year yield toward 3.5%.
• After Bayrou’s appearance at the Medef gathering, party leaders clashed over next steps, and unions called a mass mobilisation for September 18 following a separate 'bloquons tout' action planned on September 10.