The French Parliament approved the 2026 budget after overcoming the political crisis

The French government has ended a long period of political uncertainty: the National Assembly approved the budget plan submitted by Prime Minister Le Corne. According to Jin10, this approval occurred on February 3 and marked a turning point in stabilizing the country’s financial system. Several months of political instability significantly weakened investor confidence and raised concerns about France’s ability to manage its finances.

Two waves of conflicting votes did not prevent the budget approval

The budget approval process became a test for the government. A coalition of far-left forces proposed a motion of no confidence, gathering 260 votes — not enough to overthrow the minority government, as 289 votes were required. A second attempt, initiated by far-right forces, was even less successful: their motion received only 135 votes. Despite these challenges, the budget plan was approved, indicating a certain consolidation of parliamentary support.

Prime Minister Le Corne achieved a compromise through concessions on spending and taxes

Le Corne’s success was not an easy triumph — it required significant negotiations and willingness to make concessions. The government revised financial figures, reducing planned expenditures and increasing tax revenues compared to earlier proposals. The result of the compromise was a budget deficit of 5%, exceeding the initial forecast. This development allowed Le Corne to avoid the fate of his predecessors, who were forced to resign due to irreconcilable disagreements with Parliament over fiscal policy.

Stabilization after months of uncertainty reduces risks for the economy

Adopting the 2026 budget marks a critical point in restoring confidence in France’s economic system. Months of political chaos have severely damaged the country’s reputation as a reliable financial partner. Now, with the approved budget, France can move forward with implementing economic initiatives necessary for stabilization and growth. This success demonstrates that even in a fragmented parliament, it is possible to reach compromises on key financial issues.