pension reform France

  • France

    France's 2026 Budget Plan: €30 Billion Fiscal Tightening Through Taxes and Spending Cuts

    Oct 20, 2025 07:47 pm CST

    French Prime Minister Sebastien Lecornu presents a comprehensive 2026 budget proposal aimed at strengthening public finances by €30 billion through a combination of spending cuts and new taxes. The plan faces challenges in a divided parliament and includes significant measures targeting wealth, high earners, and corporations while suspending President Macron's controversial pension reform.

  • French Political Crisis: New Prime Minister Expected Within 48 Hours as Lecornu Steps Aside

    French Political Crisis: New Prime Minister Expected Within 48 Hours as Lecornu Steps Aside

    Oct 09, 2025 03:26 am CST

    Outgoing French Prime Minister Sebastien Lecornu announced that President Emmanuel Macron is expected to name a new premier within 48 hours, potentially ending months of political deadlock over the austerity budget. Lecornu indicated his mission is complete and suggested a technocratic government might be appointed to address France's challenges until the 2027 presidential election.