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France: Outgoing PM Lecornu says consensus emerging to have budget by year end
Caretaker PM Sebastien Lecornu aims to form a coalition to pass an austerity budget amid France's political turmoil and rising national debt, with over 60% of voters favoring new elections.
- On Wednesday, October 8, outgoing French Prime Minister Sébastien Lecornu said consultations had reduced snap election risks and reported consensus to have a budget before December 31, adding he would present a plan to President Emmanuel Macron later that day.
- After snap elections last year, President Emmanuel Macron called elections that produced a fractured French parliament, leaving no majority and blocking budget approval amid France's high debt.
- Recent churn in Matignon highlights the stakes as Sébastien Lecornu, caretaker French Prime Minister, met with politicians who agreed the public deficit target must stay below 5%, not 4.7%, with his predecessor proposing 4.6%.
- National Rally leaders refused to negotiate and called for National Assembly dissolution, while a September poll showed more than 60 percent of French voters support new elections.
- Macron's failed bid for a stronger majority means a fractious assembly complicates authority recovery, while Marine Le Pen urged Emmanuel Macron to resign before 2027 and polls show National Rally leaders would lead a snap election first round.
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16 Articles
16 Articles
The acting Prime Minister aspires to agree on a “platform of action” for the sake of “stability of the country,” although he has set as red lines that the public deficit will remain below 5 percent of GDP
·Buenos Aires, Argentina
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On Monday, Lecornu announced his resignation, but President Macron did not accept his resignation.
·Netherlands
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Total News Sources16
Leaning Left3Leaning Right4Center3Last UpdatedBias Distribution40% Right
Bias Distribution
- 40% of the sources lean Right
40% Right
L 30%
C 30%
R 40%
Factuality
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