France's PM Lecornu Races to Pass Stopgap Budget, Averting Shutdown

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Firstpost•22-12-2025, 17:41
France's PM Lecornu Races to Pass Stopgap Budget, Averting Shutdown
- •PM Lecornu seeks emergency legislation to avoid a government shutdown in the new year after a full 2026 budget failed.
- •The stopgap bill allows spending, tax collection, and borrowing to continue in January.
- •Lecornu is holding talks with political leaders, aiming for parliamentary approval on Tuesday.
- •The temporary measure buys time to debate a proper 2026 budget in January.
- •France faces scrutiny over its high budget deficit; Lecornu's minority government navigates a fractious parliament.
Why It Matters: PM Lecornu pushes emergency budget bill to prevent shutdown, buying time for full 2026 budget debate.
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