EconomyLens.com
No Result
View All Result
Thursday, June 12, 2025
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Other

Embattled French PM gets boost from Socialists over budget

Emma Reilly by Emma Reilly
February 3, 2025
in Other
Reading Time: 8 mins read
A A
0
30
SHARES
370
VIEWS
Share on FacebookShare on Twitter

Bayrou argues that a budget has to be passed without delay. ©AFP

Paris (AFP) – French Prime Minister Francois Bayrou will Monday force through France’s budget without a vote, a move set to prompt a no-confidence motion from the left in the bitterly divided parliament. But the Socialist Party decided against backing the no-confidence motion against Bayrou, party sources said, giving the prime minister a much-needed boost.

Related

US stocks rally fades after China trade framework, oil prices jump

From fishing family to Big Tech: French CEO takes on Silicon Valley

Italy forges on with world’s largest suspension bridge

US stocks rally fades after China trade framework, oil prices jump

Disney, Universal launch first major studio lawsuit against AI company

Bayrou, a veteran centrist named by President Emmanuel Macron on December 13 to end months of political crisis following last summer’s inconclusive legislative elections, is nowhere near having a parliamentary majority. In December, the far-right RN party teamed up with the left-wing bloc to topple the government of Bayrou’s predecessor Michel Barnier.

In a newspaper interview published Sunday, Bayrou announced he would ram through the budget legislation this week using article 49.3 of the constitution, which allows governments to pass laws without a vote in parliament. “Now we must move towards adoption without delay. A country like ours cannot remain without a budget,” Bayrou told the La Tribune Dimanche newspaper. “The only way is to engage the government’s responsibility. This will be done this Monday,” he said in reference to article 49.3.

His office confirmed Bayrou planned to resort to the tactic twice on Monday, to force through the budget as well as the social security budget. Bayrou could use the same tactic later this week again, in the hope of seeing the legislation adopted by the upper-house Senate around February 17-18. In its debate on Monday afternoon, the lower-house National Assembly will from 4:00 pm (1500 GMT) debate a text drawn up by a committee of 14 deputies and senators from the two parliamentary chambers.

“A 49.3 and Inshallah,” read the headline in the left-leaning Liberation, saying it was quoting Bayrou using an Arabic expression meaning “God Willing.” The use of this tactic, while convenient for a minority government, means the opposition has the right to put forward a no-confidence motion to bring the prime minister and his government down. The new no-confidence vote should take place on Wednesday.

The hard-left France Unbowed (LFI), backed by the Communists and the Greens, has said it will put forward such a motion for a vote, with the key question now whether the far-right National Rally (RN) party will back it. New legislative elections cannot take place until at least one year after the previous polls, so the toppling of Bayrou’s government would place Macron under intense pressure and plunge France into uncharted political waters. Bayrou is Macron’s sixth prime minister since taking office in 2017. The president has faced calls to step down but has repeatedly insisted he will serve out his term in full.

The prime minister managed to convince the Socialists not to back a no-confidence motion against him earlier this year in a major victory that heralded the end of the New Popular Front (NFP), a broad left-wing alliance that had endured since the election campaign. But with the Socialists — who have performed woefully in elections since the presidency of Socialist Francois Hollande from 2012 to 2017 — themselves split, things are far less certain this time.

The Socialists broke off talks with Bayrou’s administration last week after he referred to migrants “flooding” France, borrowing from terminology previously used by the far right. In a symbolic move, the party leadership decided Monday to table a separate no-confidence motion after Bayrou referred to migrants “flooding” France, according to party sources. The move is not expected to be supported by the far right or centre-right and therefore will not topple Bayrou’s government, according to the Socialist Party’s thinking.

Boris Vallaud, head of the Socialists’ parliamentary group, told the Ouest France newspaper’s Sunday edition that they “know that this country needs a budget and we hear the concerns, the fears of businesses, communities or associations.” In an overture to the PS, Labour Minister Catherine Vautrin said the Bayrou government was prepared to widen the social security deficit. “With new concessions, the government is hoping that the PS will not vote for the no-confidence motion,” the Le Monde newspaper said. The RN has said it will make its position clear at the beginning of the week.

© 2024 AFP

Tags: budgetFrancepolitics
Share12Tweet8Share2Pin3Send
Previous Post

The role of minerals and tech firms in the DR Congo conflict

Next Post

Stock markets sink on Trump tariffs

Emma Reilly

Emma Reilly

Related Posts

Other

UK govt injects health service with ‘record’ spending boost

June 12, 2025
Other

China says ready to ‘strengthen’ cooperation with US after trade talks

June 11, 2025
Other

Paris tech fair opens with AI and trade war in the spotlight

June 11, 2025
Other

UK expected to boost defence, health in major spending review

June 11, 2025
Other

Nintendo’s Switch 2 scores record early sales

June 11, 2025
Other

Rare earths: China’s trump card in trade war with US

June 10, 2025
Next Post

Stock markets sink on Trump tariffs

Musk takes control of US Treasury payments systems

Trump pauses Mexico tariffs as last-ditch Canada talks continue

Norway nears 100% goal of all-electric cars

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
0 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

New York ruling deals Trump business a major blow

71

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

US stocks rally fades after China trade framework, oil prices jump

June 12, 2025

Niger-Benin border standoff deepens as trade collapse bites

June 12, 2025

EU crypto regulation hampered by national flaws

June 12, 2025

Asian shares stumble after Trump’s latest trade threat

June 12, 2025
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2025 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.