Jean Martin
Assembly adopts multinational tax against government wishes
Jean Martin Billede genereret af AI
During the 2026 budget review, French National Assembly deputies adopted an LFI amendment Tuesday evening to tax profits actually realized by multinationals in France, estimated at 26 billion euros by supporters. Backed by a left-RN alliance, it follows the doubling of the GAFA tax from 3% to 6%, despite strong government opposition decrying fiscal overbidding. These votes could yield over 20 billion euros for the state but may be overturned in the Senate.
New Caledonia: parliament approves postponement of provincial elections
The French Parliament has approved the postponement of provincial elections in New Caledonia, originally set for November, to June 28, 2026 at the latest. This decision, passed by the National Assembly on October 28 and the Senate on October 29, represents a first step toward resuming debates on a sensitive institutional reform. It comes amid the May 2024 violence and the fragile Bougival agreement, rejected by independentists.
Deputies double GAFAM tax for 2026 budget
French National Assembly deputies voted on Tuesday, October 28, 2025, to double the GAFAM tax rate from 3% to 6%, targeting big tech companies. Despite government opposition fearing retaliation from the Trump administration, a compromise was adopted following an initial more ambitious proposal. Left-wing lawmakers denounce it as a retreat under American pressure.
Senate adopts insufficient bill against high living costs in overseas territories
The Senate adopted a bill against the 'high cost of living' in overseas territories on October 29, introduced by Minister Naïma Moutchou. Deemed largely insufficient by ultramarine lawmakers, the text highlights frustrations over the lack of ambitious measures on purchasing power and competition. It is now sent to the National Assembly.
Hurricane Melissa could bring mild weather to France
onsdag d. 29. oktober 2025, 19.56Ségolène Royal publishes book and eyes left primary for 2027
onsdag d. 29. oktober 2025, 17.56France integrates non-consent into rape definition
tirsdag d. 28. oktober 2025, 18.12In assembly, left and RN adopt 26 billion tax on multinationals
tirsdag d. 28. oktober 2025, 17.55Suspect in Iraqi Christian's assassination in Lyon jailed in France
tirsdag d. 28. oktober 2025, 12.04Government opposes Zucman tax on high patrimonies
tirsdag d. 28. oktober 2025, 06.11Renaissance backs Pierre-Yves Bournazel for 2026 Paris municipal elections
tirsdag d. 28. oktober 2025, 03.24Bordeaux defends suspension of twinning with Ashdod
Adoption of 2026 budget in National Assembly increasingly uncertain
Jean Martin Billede genereret af AI
After several days of intense debates in the National Assembly, the 2026 finance bill increasingly resembles a 'Frankenstein' budget, a patchwork of contradictory amendments complicating its final adoption. The executive, avoiding Article 49.3, faces strong opposition on measures like the surtax on multinationals and limits on sick leave. Lawmakers from all sides have adopted or suppressed key provisions, raising the risk of overall rejection.
Paris FC and Lyon draw in spectacular 3-3 match
Paris FC and Olympique Lyonnais delivered a thrilling 3-3 draw at Stade Jean-Bouin on Wednesday evening. Trailing 3-0, Lyon saw Paris FC pull back after two red cards, eventually equalizing in the final minutes. This result keeps both teams in contention in the Ligue 1 standings.
French labor minister questions desire to quit work early
Jean-Pierre Farandou, the new labor minister, questioned on Tuesday before the Senate's social affairs committee why so many French people want to leave their jobs around 60-62 years old. He announced the launch by late November of a conference on work and pensions, involving unions and employers, to discuss these issues. This initiative follows the suspension of the 2023 pension reform.
Louvre burglary: two suspects indicted, jewels missing
Ten days after the spectacular burglary in the Louvre's Apollon gallery, two suspects have partially admitted the facts during their indictment for organized gang theft. The eight stolen jewels, valued at an estimated 88 million euros, remain untraceable despite an investigation involving a hundred investigators. Meanwhile, Paris's police prefect highlights infractions in the museum's surveillance cameras.
Paris 2026 municipal elections show scattered start and possible rightward shift
Five months before Paris's municipal elections on March 15 and 22, 2026, the right is dividing following Renaissance's support for Pierre-Yves Bournazel over Rachida Dati. On the left, negotiations between socialists and ecologists for a single list are stalled over La France insoumise's involvement. After nearly 25 years of socialist governance, an alternation appears likely.