France: Macron enacts Special Law in absence of a budget

Paris, Dec 27 (Prensa Latina) French President Emmanuel Macron enacted the Special Law on State Financing for next year, after the National Assembly failed to adopt the budget.

December 27, 2025
08:27

The Official Journal of the Republic published the law, which aims at guaranteeing minimum state expenditures, including tax collection.

The Government’s goal is for parliamentarians to resume discussions in early January to provide the country with the 2026 budget.

The Social Security Financing Law was approved in mid-December, but the State Financing Law failed.

The last attempt to reach an agreement on the 2026 budget was on December 19; however, the Joint Committee, composed of seven senators and seven lawmakers, failed to reach a compromise text due to the prevailing political polarization in France.

Economy Minister Roland Lescure noted that the State Financing Law must be adopted as soon as possible, because the longer the Special Law remains in effect, the higher the cost will be for the country.

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