“The urgency would be to prepare our minds for difficult times. The 2026 budget does exactly the opposite” | EUROtoday

LThe infinite finances sequence is lastly getting into its house stretch. After some recourse to article 49.3 of the Constitution, the virtues of that are hypocritically rediscovered, and the final stand of motions of censure with no future, France is on the verge of adopting a finance legislation for 2026. A textual content with out substance which supplies the phantasm of a monetary framework for a rustic and not using a majority, with out course, or priorities, however greater than ever over-indebted.

The Prime Minister, Sébastien Lecornu, dreamed of a fruitful compromise, it solely resulted in a poorly crafted rating obtained by way of drained warfare. Each occasion now accepts accountability for the ultimate end result. Everything had been designed in order that those that nonetheless needed to maneuver the nation ahead would declare their small, hard-won victories. But, on arrival, it’s the census of denials that dominates. La France insoumise and the National Rally are counting the factors whereas rejoicing within the basic feeling of frustration.

Facing an unattainable political equation in a fragmented political panorama, the answer consisted of resolving to play whoever loses wins. Ten days in the past, Sébastien Lecornu introduced with a contrite air, within the darkness of the steps of Matignon, the results of the races: a lackluster mixture of options which solely cover the distress of out of date political software program, and public funds operating out of cash.

In the introduced record of winners, the Socialist Party took the lion’s share, with a rise within the exercise bonus, meals at 1 euro for college students, that are added to the suspension of the pension reform and the renunciation of the doubling of medical deductibles enacted on the finish of December 2025 by the Social Security financing legislation. The Republicans managed to avoid wasting the tax minimize for retirees and the inflation indexation of the earnings tax scale. Renaissance can be content material with preserving the reductions in payroll taxes. The discount in bills is saved to the strict minimal.

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