The Japan Times - France PM to pass budget without a vote

EUR -
AED 4.257672
AFN 73.037937
ALL 96.217861
AMD 436.590295
ANG 2.074906
AOA 1063.113856
ARS 1640.436723
AUD 1.657264
AWG 2.086811
AZN 1.952051
BAM 1.955765
BBD 2.335748
BDT 141.847459
BGN 1.910181
BHD 0.437262
BIF 3446.593656
BMD 1.159339
BND 1.483054
BOB 8.013753
BRL 6.124091
BSD 1.159674
BTN 106.707628
BWP 15.560654
BYN 3.373525
BYR 22723.048888
BZD 2.332448
CAD 1.587559
CDF 2614.309992
CHF 0.906876
CLF 0.026549
CLP 1048.321089
CNY 7.999672
CNH 8.032505
COP 4409.674285
CRC 545.287879
CUC 1.159339
CUP 30.72249
CVE 110.262549
CZK 24.368175
DJF 206.515409
DKK 7.471454
DOP 69.548454
DZD 151.722735
EGP 57.820766
ERN 17.390088
ETB 179.878101
FJD 2.567299
FKP 0.865756
GBP 0.871069
GEL 3.135996
GGP 0.865756
GHS 12.489615
GIP 0.865756
GMD 84.631572
GNF 10170.73005
GTQ 8.893802
GYD 242.622514
HKD 9.057755
HNL 30.693318
HRK 7.540224
HTG 152.165961
HUF 389.496827
IDR 19632.250503
ILS 3.600093
IMP 0.865756
INR 106.962604
IQD 1519.27278
IRR 1524035.466935
ISK 144.117259
JEP 0.865756
JMD 181.155973
JOD 0.821949
JPY 182.741421
KES 149.728335
KGS 101.38363
KHR 4653.776126
KMF 492.718694
KPW 1043.52639
KRW 1717.601607
KWD 0.356334
KYD 0.966483
KZT 580.149606
LAK 24828.341009
LBP 103865.517283
LKR 359.522008
LRD 212.80527
LSL 18.983796
LTL 3.423227
LVL 0.701272
LYD 7.375836
MAD 10.794767
MDL 20.062468
MGA 4859.891969
MKD 61.62848
MMK 2434.210104
MNT 4138.25864
MOP 9.319133
MRU 46.072976
MUR 54.871638
MVR 17.911479
MWK 2010.555307
MXN 20.596358
MYR 4.582287
MZN 74.087591
NAD 18.983878
NGN 1596.456645
NIO 42.679051
NOK 11.244014
NPR 170.732205
NZD 1.968633
OMR 0.445757
PAB 1.159664
PEN 3.90473
PGK 5.063887
PHP 67.988872
PKR 324.139395
PLN 4.299467
PYG 7485.833597
QAR 4.240406
RON 5.096801
RSD 117.385447
RUB 90.020793
RWF 1694.962323
SAR 4.350973
SBD 9.327096
SCR 15.871992
SDG 697.334604
SEK 10.771102
SGD 1.483334
SHP 0.869805
SLE 28.291146
SLL 24310.763209
SOS 661.585294
SRD 43.580744
STD 23995.981343
STN 24.499455
SVC 10.147818
SYP 128.135945
SZL 18.991578
THB 36.730768
TJS 11.075254
TMT 4.057687
TND 3.404924
TOP 2.791411
TRY 50.993739
TTD 7.857825
TWD 36.808443
TZS 2971.269314
UAH 50.576976
UGX 4313.866897
USD 1.159339
UYU 44.54901
UZS 14154.868492
VES 488.48741
VND 30394.976236
VUV 137.763751
WST 3.148658
XAF 655.942419
XAG 0.013826
XAU 0.000226
XCD 3.133172
XCG 2.090063
XDR 0.815782
XOF 655.942419
XPF 119.331742
YER 276.512379
ZAR 19.272919
ZMK 10435.447154
ZMW 22.179507
ZWL 373.306759
  • RBGPF

    0.1000

    82.5

    +0.12%

  • BCC

    -1.8400

    78.75

    -2.34%

  • GSK

    -1.2200

    57.07

    -2.14%

  • CMSC

    -0.1350

    23.41

    -0.58%

  • BCE

    0.1700

    26.4

    +0.64%

  • NGG

    -3.1400

    90.74

    -3.46%

  • AZN

    -1.9700

    201.76

    -0.98%

  • BP

    -0.6100

    38.86

    -1.57%

  • RIO

    -4.3000

    95.31

    -4.51%

  • BTI

    -1.7100

    60.41

    -2.83%

  • RELX

    0.2600

    34.94

    +0.74%

  • JRI

    -0.1600

    13.03

    -1.23%

  • CMSD

    -0.1100

    23.29

    -0.47%

  • RYCEF

    -0.6800

    17.52

    -3.88%

  • VOD

    -0.3000

    14.88

    -2.02%

France PM to pass budget without a vote

France PM to pass budget without a vote

French Prime Minister Sebastien Lecornu was on Friday desperately planning how to survive a likely no-confidence vote if he forces a budget into law without parliament's approval.

Text size:

The eurozone's second-largest economy has been bogged down in political crisis since President Emmanuel Macron called snap polls in 2024, in which he lost his parliamentary majority.

In a bid to survive being toppled by parliament like his two predecessors, Lecornu last year pledged to seek parliament approval for a 2026 austerity budget -- and not ram it through without a vote.

He managed to get a bill on social security spending approved by year end but lawmakers have failed to reach a compromise on state expenses.

The centre-right government said late on Thursday it would be "impossible to adopt a budget by a vote" and that it had given itself until Tuesday to examine two alternative options.

One is to use a constitutional power under "Article 49.3" to push the legislation through parliament without a vote, as for previous budgets.

That can trigger a no-confidence vote, which could topple the government and its spending bill with it.

The other option is for the first time to issue a decree that forces the budget directly into law.

That too could spark a no-confidence vote, but the budget would remain even if the cabinet was ousted.

Lecornu appeared on Friday to be working on concessions to secure the backing of the Socialists, a key swing group in parliament, to survive any motion to topple him.

The prime minister would be "making one-euro university meals available to all students" as part of the final budget bill, an adviser said, evoking a measure the Socialists had requested.

The party had in 2024 put forward a bill for all students to pay just one euro ($1.16) for a meal, not just some with scholarships or within lower income brackets. Other students now pay 3.30 euros.

A poll of around 800 people that year found that a third of students at times skipped a meal "for lack of money".

Lecornu, who has warned that kicking him out would spark early elections, was expected to speak later in the day.

Lawmakers from across the political spectrum have emerged exasperated after months of back and forth, and are looking for a swift resolution.

"I'm tired of having the same debate over and over again," said right-wing Republicans lawmaker Marie-Christine Dalloz.

"I'm really looking forward to the end of this episode."

Greens member of parliament Steevy Gustave said he felt like a "robot" repeating the same thing every day.

"If only there had been results, some compromises -- but no," he said.

M.Fujitav--JT