Overview

• The Assemblée Nationale rejected the LFI no-confidence motion with 271 votes, 18 short of the 289 needed, and defeated the RN motion with 144 votes in favor.
• Lecornu secured Socialist nonsupport by committing to suspend the 2023 pension reform until the 2027 presidential election and to forgo using Article 49.3 on the 2026 budget.
• Seven Socialist deputies broke ranks to back a motion, underscoring the government's fragile arithmetic despite the leadership’s stance.
• Economy Minister Roland Lescure outlined a 2026 package of roughly €30 billion, including about €14 billion in higher compulsory levies and around €25 billion in spending savings.
• Socialist leader Olivier Faure said his deputies will table a ‘Zucman tax’ on the super-rich if the government resists, while RN set a counter-budget for October 23 and pressed for early elections.