French PM Bayrou to ask for risky vote of confidence over austerity budget on September 8
- On September 8, François Bayrou, the Prime Minister of France, plans to request a confidence vote in parliament to secure support for his contentious measures aimed at cutting public expenditure and reducing the budget deficit.
- Bayrou's move follows France's budget deficit reaching 5.8% of GDP last year, nearly double the EU's 3% limit, amid a fragmented parliament and recent no-confidence votes.
- The government intends to achieve annual savings of approximately 44 billion euros by keeping welfare expenditures and tax thresholds unchanged from 2025 into 2026, without accounting for inflation, and by eliminating two public holidays.
- Bayrou described France facing a "decisive moment" and warned "otherwise we have no future," while opposition leader Jordan Bardella said Bayrou has "just announced the end of his government."
- The confidence vote precedes planned protests starting September 5 by taxi drivers and on September 10 by leftist groups, echoing the 2018 Yellow Vest movement and highlighting political instability.
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161 Articles
Invited to the return of the CFDT, François Bayrou tried to highlight measures that could seduce the organizations and the left. Or not.
The markets have revived the French political instability that weighs on the Paris financial centre for a little more than a year. The call for a motion of confidence by the Prime Minister, François Bayrou, scheduled for 9 September, has stopped two days of heavy losses in the Gaul Park. On Monday it accelerated the losses in the last hour of negotiation to yield 1.6%, and this Tuesday it has started with a decrease of close to 2%, which has the…
French Prime Minister Calls September Confidence Vote
French Prime Minister François Bayrou called for a confidence vote to be held next month, after three opposition parties refused to back the government’s planned budget cuts. The move sees him putting his premiership on the line at the Sept. 8 vote in the National Assembly in Paris, as the European Union’s second-largest economy continues its struggle to get its deficit under control. The conservative National Rally, progressive France Unbowed, …
France's Prime Minister François Bayrou wants to ask the question of confidence in the dispute over the forthcoming austerity budget.
Prime Minister Francois Bayrou has put forward a vote of confidence for his minority government on 8 September. The opposition has announced that it will vote against the austerity program. The left is already calling for a general strike. President Macron is facing a government crisis.
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