Overview

• Four-month pension conclave ended Monday without agreement on amendments to the 2023 law raising the retirement age to 64.
• Bayrou summoned union and employer representatives to urgent talks after negotiators failed to bridge key differences.
• Socialist Party leaders have pledged to support a no-confidence motion with a parliamentary vote expected within 48 hours.
• National Rally deputies have signaled reluctance to back the censure, making the motion’s passage uncertain.
• The impasse also jeopardizes upcoming talks on the 2026 budget, which aim to secure €40 billion in spending cuts.