PARIS, Dec 24 (NNN-XINHUA) – Lawmakers in France’s National Assembly and Senate, yesterday, adopted a “special law” proposed by the government, to extend the 2025 budget into next year, before resuming work on a final 2026 budget in January.<\/p>\n\n\n\n
The move followed the failure of a joint committee of lawmakers from the National Assembly and the Senate on Dec 19, to reach a compromise on the country’s 2026 state budget, raising the prospect that France would enter the new year without a fully adopted budget.<\/p>\n\n\n\n
Prime Minister, Sebastien Lecornu, had earlier said that, the government would not resort to Article 49.3 of the Constitution, which allows legislation to be adopted without a parliamentary vote and has been used in previous years to push budgets through a divided parliament.<\/p>\n\n\n\n
Lecornu, speaking last night, at Matignon, the French prime minister’s office, stressed that, France must have a state budget in place in Jan, while reiterating the government’s objective of reducing the public deficit to below five percent of gross domestic product in 2026.<\/p>\n\n\n\n
France, the eurozone’s second-largest economy, is under pressure to rein in its deficit and soaring debt, but efforts have been hampered by a political deadlock.– NNN-XINHUA <\/p>\n","protected":false},"excerpt":{"rendered":"
PARIS, Dec 24 (NNN-XINHUA) – Lawmakers in France’s National Assembly and Senate, yesterday, adopted a “special law” proposed by the government, to extend the 2025 budget into next year, before resuming work on a final 2026 budget in January. The move followed the failure of a joint committee of lawmakers from the National Assembly and […]<\/p>\n","protected":false},"author":10,"featured_media":320556,"comment_status":"closed","ping_status":"","sticky":false,"template":"","format":"standard","meta":[],"categories":[300,209],"tags":[],"_links":{"self":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/320552"}],"collection":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=320552"}],"version-history":[{"count":1,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/320552\/revisions"}],"predecessor-version":[{"id":320555,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/posts\/320552\/revisions\/320555"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=\/wp\/v2\/media\/320556"}],"wp:attachment":[{"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=320552"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=320552"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/namnewsnetwork.org\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=320552"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}