Overview

• Lecornu said the pension overhaul will be paused until after the 2027 presidential election, with no further rise toward 64 or extension of required contribution quarters.
• PS parliamentary leader Boris Vallaud announced the 60 Socialists will not back the left’s no-confidence motion, while LFI, the Greens and the Communists still plan to force a vote on Thursday.
• The concession followed intensive talks with PS chief Olivier Faure, who described reliance on Lecornu’s assurance as a risky bet.
• The government is pushing a 2026 budget with roughly €25 billion in spending cuts and €14 billion in additional revenues, contrasting with left-wing proposals such as a broader wealth tax.
• Economist Philippe Aghion advised freezing the reform, citing projected costs of about €500 million in 2026 and €1.3 billion in 2027 as smaller than potential market damage from renewed unrest.