Bardella, Faure, Lecornu, Hollande, Philippe: Political season begins in France
French Prime Minister Sébastien Lecornu is prioritizing the 2027 budget to avoid political deadlock while facing pressure from both the left and the far-right. Meanwhile, political leaders like Olivier Faure and Jordan Bardella are positioning their parties for the upcoming presidential election cycle.
Why it matters
France faces a period of significant political instability due to a lack of a clear majority in the National Assembly, which could impact European economic policy.
Before France knows who its next president will be, it must first adopt a budget for the year 2027.That is the main task facing the French Prime Minister, Sébastien Lecornu, he told French daily Le Parisien in an interview.With less than eight months to go before the first round of the presidential election and no majority in the National Assembly, Lecornu said he hopes to avoid a political stalemate by promising a budget "with measures that, for the most part, can be reversed by the new majority that emerges from the ballot box."Lecornu is not planning to raise taxes, but is instead preparing an agricultural "rescue plan" and a reform of sick leave.As for 2027, he repeats: "I don't know in what language I have to say it, I am not a candidate in the presidential election.
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