Overview

• A presidential decree published in the Journal Officiel calls an extraordinary session for a Sept. 8 confidence vote under Article 49.1, where abstentions do not count against the government.
• François Bayrou continues his public push at the MEDEF gathering and will receive party and parliamentary group leaders from Monday, saying he is ready to negotiate provided there is agreement on the need for fiscal effort.
• The Rassemblement National says it is too late to negotiate and will vote against, La France Insoumise also opposes confidence, and the Socialists prepare a counter‑budget as business leaders reject any return of a wealth tax.
• Overseas Minister Manuel Valls urges a “sursaut” from governing parties to reach a budget agreement and warns that failure could lead to a crisis of regime, arguing against dissolution.
• Officials warn the early‑October deadline to file finance bills is jeopardized; an SGG note says a caretaker cabinet would struggle to submit full PLF/PLFSS texts, with a special Lolf law available as a temporary measure, and French 10‑year yields recently climbed to about 3.5% after the confidence gambit.