Socialist Party
Socialists propose forced loan from richest for budget
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The Socialist Party has filed amendments to impose an interest-free mandatory loan on the 20,000 wealthiest households, repayable in three or four years. This proposal, inspired by the 1983 Mauroy loan and revolutionary measures, aims to reach a budget compromise. The government has rejected it, stating there is no financing problem.
The French Socialist Party (PS) remains deeply divided over organizing a primary to select a common left-wing candidate for the 2027 presidential election. Olivier Faure, the party's first secretary, will announce the details of this vote on January 24 in Tours, despite internal criticisms. This initiative, launched in July 2025, faces resistance from within the PS and its allies.
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Chile's Socialist Party announced on Wednesday that it will freeze relations with the ruling alliance, responding to criticisms from the Communist Party and Broad Front over its support for the Nain-Retamal law, which enabled the acquittal of former carabinero Claudio Crespo in the Gustavo Gatica case. PS president Paulina Vodanovic accused the PC of disloyalty and the FA of abandoning President Boric. The party even considered leaving the government but opted to review it cautiously.