French premier expected to fail early budget test
Draft bill likely to be voted down by parliament by Sunday, after MPs added thousands of amendments
Draft bill likely to be voted down by parliament by Sunday, after MPs added thousands of amendments

Prime minister under pressure to find agreement by the end of the year

Government will have to roll over 2025 budget into next year after parliamentary talks collapse

Socialist party pledges support for social security budget but centrist and rightwing lawmakers threaten to withhold backing

Spending limits for 2025 to be extended into new year but officials warn new budget is needed to finance investments

Investors warn government is likely to lose a snap confidence vote on September 8

Pierre Moscovici warns politicians not to rely on taxes in race to agree budget for 2026