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Bayrou Unveils €43.8 Billion Austerity Budget Including €3.5 Billion Defense Boost

Opposition parties from Rassemblement National to La France Insoumise have vowed motions of censure over deep cuts, benefit freezes and holiday removals

« J’ai tranché en conscience sans intérêt personnel ou catégoriel, dans le seul souci d’offrir à la Nation, de revenir à un meilleur équilibre pour défendre notre liberté. » a martelé François Bayrou.
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Le premier ministre François Bayrou a annoncé mardi 15 juillet un plan budgétaire pour 2026.

Overview

  • The government will implement a 2026 “année blanche” to freeze social benefits, pensions and income tax brackets at 2025 levels.
  • Bayrou’s framework proposes eliminating two public holidays and cutting 3,000 civil-service jobs through a one-in-three non-replacement rule.
  • A new contribution de solidarité on top earners and strengthened anti-fraud measures are designed to boost state revenues.
  • This framework caps spending growth outside defense and debt service after months of consultations and Senate approval, setting the stage for autumn debates.
  • Opposition from Rassemblement National to La France Insoumise has united behind censure motions that threaten the budget’s passage.