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Lecornu Races To Form Government With Budget Clock Ticking, Cabinet Meeting Not Before Tuesday

A constitutional 70‑day window leaves only hours to lodge the 2026 budget even as the president’s Egypt trip delays any formal cabinet session.

Overview

  • Le Parisien reports the Council of Ministers will occur at the earliest on Tuesday because Emmanuel Macron is in Egypt, complicating the budget timetable.
  • To respect the 70‑day review period, the finance and social‑security bills must be transmitted by Monday or Tuesday, and an SGG note says the Prime Minister can present them even without a full government.
  • Les Républicains and the UDI have refused to join the new cabinet, offering only case‑by‑case parliamentary support, while Horizons and MoDem seek clarifications before committing.
  • The Socialist Party demands abandoning 49.3, measures on purchasing power, and a full suspension of the 2023 pensions reform or it will back censure; the rest of the left, the RN and the UDR say they will move to topple the government.
  • The draft 2026 budget prepared under Lecornu targets a deficit near 4.7% of GDP next year and 3% by 2029 after HCFP review, and the Prime Minister says he will resign again if governing conditions are not met.