France: Budget setback puts fiscal targets at risk – Rabobank
Ni FXStreet Insights Team
Petsa ng Pag-publish: 28 Nov 2025 | Petsa ng Pag-edit: 28 Nov 2025
Sikat na Artikulo
Rabobank's latest market comments highlight a significant political setback for the French government, as the National Assembly failed to finalize the 2026 draft budget's first reading.
Rabobank's latest market comments highlight a significant political setback for the French government, as the National Assembly failed to finalize the 2026 draft budget's first reading.
Despite the setback not being fatal, it clearly underlines the mounting difficulties in meeting fiscal objectives before the year-end, potentially leading to special procedures or contentious Article 49.3 use, although the latter has been dismissed due to associated political risks.
France's budget battle continues amid political risks
"The French government faced a significant setback this week as the National Assembly failed to complete the first reading of the 2026 draft budget before the 24 November deadline."
"This process makes it increasingly unlikely that Finance Minister Lecornu will achieve his goal of reducing the deficit to 4.7% in 2026 from 5.4% in 2025."
"Overall, Saturday’s setback wasn’t fatal, but it underscores the growing challenges in meeting fiscal targets before year-end."
(This story has been created with the assistance of AI.)
Higit sa isang milyong user ang umaasa sa FXStreet para sa real-time market data, charting tools, expert insights, at Forex news. Ang komprehensibong economic calendar at educational webinars nito ay tumutulong sa mga trader na manatiling may alam at gumawa ng kalkuladong mga desisyon. Sinusuportahan ang FXStreet ng humigit-kumulang 60 propesyonal sa pagitan ng Barcelona HQ at iba’t ibang rehiyon sa buong mundo.
Magbasa pa
