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4d ago

France Passes Stopgap Finance Law as Budget Standoff Deepens

Budget talks restart in January with a government goal of passage by month’s end.

Le premier ministre Sébastien Lecornu à l’Assemblée nationale, le 23 décembre 2025 à Paris.
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Éric Coquerel, président de la commission des finances, avec la ministre chargée des Comptes publics, Amélie de Montchalin.
Olivier Faure, premier secrétaire du PS, à l’Assemblée nationale.

Overview

  • Parliament unanimously approved a three-article special law that authorizes tax collection, secures state receipts and keeps local authorities functioning as a temporary measure.
  • Éric Coquerel of LFI says the stopgap can hold for a few months and insists his group will not support the 2026 budget unless it is completely rewritten.
  • He warns that LFI will table an immediate censure motion if Prime Minister Sébastien Lecornu deploys Article 49.3 to enact the budget without a vote.
  • The government plans to resume debate in early January, with finance committee sessions cited for 8–9 January and a target of adopting a full budget by the end of the month.
  • Calls from right-wing leaders and some socialists to consider Article 49.3 have grown, while the Socialist Party continues negotiations with the executive to shape a possible compromise.