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The French National Assembly approved an expedient budget for 2026 to ensure that the national administration can continue to operate in January if legislators fail to agree on a complete fiscal plan. The law allows the country to continue to collect taxes and borrow in the absence of a full budget, and is expected to be approved by the Senate later. The government warned that part of the fiscal draft that has been agreed upon so far will only reduce the 2026 deficit rate from 5.4% this year to 5.3%.

智通財經·12/23/2025 16:17:05
語音播報
The French National Assembly approved an expedient budget for 2026 to ensure that the national administration can continue to operate in January if legislators fail to agree on a complete fiscal plan. The law allows the country to continue to collect taxes and borrow in the absence of a full budget, and is expected to be approved by the Senate later. The government warned that part of the fiscal draft that has been agreed upon so far will only reduce the 2026 deficit rate from 5.4% this year to 5.3%.