Zürcher Nachrichten - France PM forces part of budget through parliament without vote

EUR -
AED 4.253793
AFN 73.538311
ALL 96.012872
AMD 436.811565
ANG 2.073056
AOA 1061.957069
ARS 1594.404251
AUD 1.662949
AWG 2.087146
AZN 1.967907
BAM 1.952753
BBD 2.333738
BDT 142.199929
BGN 1.979513
BHD 0.437188
BIF 3439.490881
BMD 1.158078
BND 1.481252
BOB 8.006885
BRL 6.049219
BSD 1.158682
BTN 108.992733
BWP 15.791107
BYN 3.434259
BYR 22698.323661
BZD 2.330614
CAD 1.598929
CDF 2640.417213
CHF 0.916078
CLF 0.026914
CLP 1062.697695
CNY 7.992473
CNH 7.991953
COP 4287.771244
CRC 538.780131
CUC 1.158078
CUP 30.68906
CVE 110.741159
CZK 24.465541
DJF 205.813906
DKK 7.473348
DOP 69.918955
DZD 153.548932
EGP 60.832783
ERN 17.371166
ETB 182.173115
FJD 2.601013
FKP 0.865346
GBP 0.865298
GEL 3.120975
GGP 0.865346
GHS 12.680718
GIP 0.865346
GMD 85.116128
GNF 10167.922589
GTQ 8.86839
GYD 242.440496
HKD 9.053331
HNL 30.712537
HRK 7.537113
HTG 151.948123
HUF 386.461924
IDR 19514.76796
ILS 3.608397
IMP 0.865346
INR 108.902099
IQD 1517.081837
IRR 1520729.78105
ISK 143.208453
JEP 0.865346
JMD 182.519893
JOD 0.821096
JPY 184.418109
KES 150.260853
KGS 101.272974
KHR 4647.365541
KMF 494.499603
KPW 1042.286578
KRW 1737.441285
KWD 0.354974
KYD 0.965639
KZT 559.089227
LAK 24997.108058
LBP 103705.861729
LKR 364.424437
LRD 212.681294
LSL 19.618142
LTL 3.419502
LVL 0.70051
LYD 7.382801
MAD 10.801971
MDL 20.261343
MGA 4829.183971
MKD 61.657391
MMK 2432.15733
MNT 4133.721531
MOP 9.331543
MRU 46.473894
MUR 53.816164
MVR 17.892624
MWK 2011.581663
MXN 20.530511
MYR 4.591194
MZN 74.003039
NAD 19.60631
NGN 1605.454434
NIO 42.524631
NOK 11.217755
NPR 174.391379
NZD 1.989022
OMR 0.445279
PAB 1.158747
PEN 4.007533
PGK 4.990736
PHP 69.517674
PKR 323.162008
PLN 4.275217
PYG 7539.299492
QAR 4.220007
RON 5.095663
RSD 117.432579
RUB 93.801927
RWF 1690.793497
SAR 4.344623
SBD 9.313304
SCR 17.058428
SDG 696.005112
SEK 10.807494
SGD 1.482044
SHP 0.868858
SLE 28.43085
SLL 24284.32366
SOS 661.262482
SRD 43.243198
STD 23969.871023
STN 24.782864
SVC 10.139308
SYP 128.486707
SZL 19.569633
THB 37.787798
TJS 11.095647
TMT 4.053272
TND 3.401852
TOP 2.788373
TRY 51.370242
TTD 7.87901
TWD 36.94728
TZS 2976.328133
UAH 50.873868
UGX 4287.420243
USD 1.158078
UYU 46.90781
UZS 14128.548223
VES 535.136558
VND 30515.348392
VUV 138.399637
WST 3.17105
XAF 654.963162
XAG 0.015959
XAU 0.000254
XCD 3.129763
XCG 2.088422
XDR 0.81354
XOF 652.57625
XPF 119.331742
YER 276.375769
ZAR 19.58907
ZMK 10424.085847
ZMW 21.698169
ZWL 372.900559
  • CMSC

    0.0400

    22.91

    +0.17%

  • BCC

    1.0800

    74.65

    +1.45%

  • NGG

    1.9600

    84.29

    +2.33%

  • BCE

    -0.3400

    25.49

    -1.33%

  • AZN

    1.3600

    187.14

    +0.73%

  • RIO

    0.7700

    87.54

    +0.88%

  • GSK

    1.7500

    54.7

    +3.2%

  • BTI

    0.6900

    58.45

    +1.18%

  • BP

    0.6200

    45.41

    +1.37%

  • CMSD

    0.0500

    22.68

    +0.22%

  • JRI

    0.2400

    12.1

    +1.98%

  • RYCEF

    0.3000

    15.9

    +1.89%

  • RBGPF

    -13.5000

    69

    -19.57%

  • VOD

    0.0600

    14.72

    +0.41%

  • RELX

    0.0100

    32.47

    +0.03%

France PM forces part of budget through parliament without vote
France PM forces part of budget through parliament without vote / Photo: STEPHANE DE SAKUTIN - AFP

France PM forces part of budget through parliament without vote

French Prime Minister Sebastien Lecornu on Tuesday rammed part of the 2026 budget through parliament without a vote, exposing himself to a no-confidence motion, after negotiations reached an impasse.

Text size:

Lecornu will have to repeat the measure twice more to enact the full budget into law, facing multiple no-confidence votes tabled by opposition parties.

"Things are now at an impasse. The text can no longer be voted on. And we believe France must have a budget," the prime minister told the National Assembly.

"Since parliament is unable to see through its responsibility of giving the nation a budget" he had to resort to a constitutional measure to force bills into law, he said, while rebuking political groups for having blocked them.

Lecornu is now counting on the support of the Socialists, a key swing group in the lower chamber, to survive no-confidence votes, which the opposition have vowed to table.

President Emmanuel Macron praised the draft budget on Monday for keeping the country's deficit to 5 percent of gross domestic product (GDP), saying it "allows the country to move forward".

Macron noted it "required compromises and concessions from everyone".

However, the move marked a rowback for Lecornu who pledged last year to seek parliament's approval, in a bid to avoid the fate of his two predecessors who were ousted over budget negotiations.

But on Monday, Lecornu conceded with "a certain degree of regret and a bit of bitterness" that he had to invoke the power to push the budget through.

"It's a partial success, partial failure," he said.

- No-confidence threat -

Any use of "Article 49.3", the constitutional power being used to push the legislation through parliament without a vote, can trigger a no-confidence vote, which can topple the government.

The hard-left France Unbowed (LFI) announced it had filled such a motion after the article was put into force, which the Greens and Communists plan to join.

The far-right National Rally (RN) are expected to table a motion as well.

The Socialists are not expected to vote for the LFI motion, convinced that 49.3 is "the least bad solution" and that they have won substantive victories, which should keep Lecornu in power.

"We will not censure the government," party leader Olivier Faure told radio broadcaster France Inter.

The Socialists have acknowledged "progress" on this latest draft, with the party chair Boris Vallaud pointing to changes including an increase in a top-up benefit for the lowest-paid employees and the rollout of one-euro meals for students.

The next section of the budget to require Article 49.3 is expected to be delivered to parliament on Friday.

After another motion of no confidence, the text must then be reviewed by the upper-house Senate before returning to the National Assembly for final adoption. This is expected to happen in mid-February.

are-parl/giv/ah/cw

X.Blaser--NZN