France's 2026 budget, most amended and delayed in Fifth Republic

France's 2026 budget was promulgated on February 20 after an unprecedented process, featuring nearly 25,000 amendments and over 50 days of delay. Almost fully approved by the Constitutional Council on February 19, this text stands as the most debated in the Fifth Republic's history, with a result deemed disappointing by all observers.

The adoption process for France's 2026 budget lasted 220 days, a record for the Fifth Republic. It began on July 15, 2025, when François Bayrou, then Prime Minister, outlined key directions, including the elimination of two public holidays, to address issues following the 2025 budget that led to the fall of his predecessor Michel Barnier and a promulgation delayed by one and a half months.

Despite these efforts, the text gathered 24,675 amendments and hundreds of hours of debate, resulting in unanimous rejection in the National Assembly's commission, where even its supporters abstained.

Passed using Article 49.3 of the Constitution without a vote, the budget was described as a 'democratic shipwreck' by many elected officials. The Constitutional Council approved it almost entirely on February 19, prior to its promulgation on February 20. This journey highlights ongoing tensions in France's public finance examinations.

相关文章

Dramatic photo-realistic scene of France's Constitutional Council building with suspended 2026 budget documents and debating politicians.
AI 生成的图像

France still lacks applicable 2026 budget

由 AI 报道 AI 生成的图像

France's 2026 budget remains inapplicable due to multiple referrals to the Constitutional Council, including by the government itself. This unprecedented move since 1977 suspends its implementation until a decision expected by February 20. Several opposition parties have also challenged fiscal and social measures in the text adopted on February 2.

The French National Assembly on February 2, 2026, rejected two no-confidence motions against Prime Minister Sébastien Lecornu's government, definitively adopting the 2026 finance bill after a four-month saga of intense debates. The compromise text targets a 5% GDP deficit—deemed insufficient by experts—following concessions, three uses of Article 49.3, and opposition criticism, with the bill now headed to the Constitutional Council for review before late promulgation.

由 AI 报道

In the night of November 21 to 22, 2025, the French National Assembly rejected almost unanimously the first part of the 2026 finance bill, concerning revenues. Only one favorable vote and 84 abstentions were recorded against 404 rejections. The government's initial text will be sent to the Senate without the adopted amendments.

The French Senate adopted a revised version of the 2026 finance bill on Monday, December 15, by 187 votes to 109. This copy, favoring spending cuts over tax increases, will serve as the basis for discussions in the joint committee on Friday. Negotiations look challenging amid divergences between the two chambers.

由 AI 报道

The National Assembly's finance committee rejected the 'expenses' section of the 2026 budget on Saturday, following the dismissal of the 'revenues' part the previous day. Discussions, plagued by absenteeism, failed to reach agreement, widening the public deficit. The government still aims for adoption by month's end to keep the deficit below 5%.

The French government, facing a parliamentary deadlock on the 2026 budget, must decide on Monday between article 49.3 and an unprecedented budgetary ordinance. It is renewing the surtax on large companies' profits at 8 billion euros, while renouncing a cut to the CVAE. This aims to secure an agreement with socialists to avoid censure.

由 AI 报道

The French Parliament unanimously adopted a special finance law on December 23, 2025, to prevent a state financial blockade starting January 1, 2026. This provisional text, presented by Sébastien Lecornu's government after failed negotiations on the 2026 budget, temporarily extends 2025 credits. Discussions on a full budget will resume in January amid ongoing uncertainties.

 

 

 

此网站使用 cookie

我们使用 cookie 进行分析以改进我们的网站。阅读我们的 隐私政策 以获取更多信息。
拒绝