French PM gambles on crucial social security vote
Prime Minister Lecornu seeks Socialist support by suspending pension reforms amid a €30 billion shortfall risk to secure the social security budget for 2026.
- On Tuesday, French Prime Minister Sebastien Lecornu faces a crucial vote in the National Assembly on the 2026 social security budget, setting welfare, health, and pension spending.
- France aims to bring its budget deficit below 5 percent of GDP next year, while last year's snap election left the National Assembly fractured, intensifying budget battles and instability.
- Lecornu has ruled out using article 49.3 and accepted amendments while courting the Socialist Party with around 70 MPs, offering suspensions of pension reform and hospital funding concessions.
- The government warns that rejection would push the social security deficit to around €30 billion, jeopardise the 2025 public sector budget, and force a special law from 1 January, dealing a blow to Sebastien Lecornu's political stability efforts.
- Budget battles have intensified since Macron lost his majority last year, leaving a fractured National Assembly and making Sebastien Lecornu, Macron's fourth prime minister, responsible for guiding two budgetary laws.
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For or against ? MPs vote this Tuesday on the Social Security Financing Bill (PLFSS) 2026, after a first round of "revenues" passed Friday in pain.
The Lower House of the French Parliament approved the Social Security Budget by a narrow margin on Tuesday, thus overcoming a major obstacle for Prime Minister Sébastien Lecornu, who seeks to finalize his spending plan for 2026 by the end of the year. The National Assembly has endorsed the measure, which includes the suspension of an unpopular pension reform , by 247 votes in favour and 234 against. Now he will return to the Senate before return…
France: The result is a stroke of luck for Prime Minister Sébastien Lecornu of the social-liberal Renaissance party. Lecornu is expected to…
With the support of the Socialists and thanks to the abstention of the Greens, the French National Assembly approves the social security budget.
After a day of suspense and negotiations, the National Assembly finally voted on Tuesday the Social Security budget by 247 votes to 234. Follow the day live.
France: PM Lecornu faces key vote on social security reform
The latest French compromise on 2026 spending plans faces a vote in the divided National Assembly parliament. Prime Minister Sebastien Lecornu has only been in the post for three months and has already resigned once.
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