Overview

• Prime Minister François Bayrou plans to use Article 49.3 of the French constitution to bypass a parliamentary vote on the 2025 budget, citing the urgent need for fiscal stability.
• The proposed budget includes measures to reduce France's deficit to 5.4% of GDP, featuring €50 billion in savings through spending cuts and tax increases.
• Opposition parties, including France Unbowed, the Greens, and the Communists, have announced plans to file a no-confidence motion, with the Socialists and National Rally undecided on their support.
• The Socialists have secured concessions, such as maintaining 4,000 teaching jobs and limiting cuts to medical aid for migrants, but remain divided over whether to back the government.
• Business leaders have criticized the budget's corporate tax hikes, warning of potential economic harm, while the government argues that passing the budget is essential to restoring economic confidence.