French finance minister Roland Lescure said current market turbulence is pushing political factions to accept the need for fiscal consolidation and expressed optimism the government’s 2027 budget will pass. He said elevated bond yields have helped persuade lawmakers to confront fiscal issues, adding that all but the far left recognise the need for consolidation. The National Assembly begins review of the 2027 budget this week, but deep parliamentary splits and a presidential election in about si

French finance minister Roland Lescure said current market turbulence is pushing political factions to accept the need for fiscal consolidation and expressed optimism the government’s 2027 budget will pass. He said elevated bond yields have helped persuade lawmakers to confront fiscal issues, adding that all but the far left recognise the need for consolidation. The National Assembly begins review of the 2027 budget this week, but deep parliamentary splits and a presidential election in about six months make compromise difficult. If the budget fails, the government can invoke constitutional Article 49.3 to bypass a vote, at the risk of triggering a no-confidence motion and possible removal; it can also implement measures by executive decree.