Parliamentary resolutions pave the way for the approval of the French budget for 2026

Political instability in France, which lasted for several months, has reached a critical point. On February 3rd, a key event occurred: the French Parliament finally approved the 2026 budget plan, overcoming two attempts by left and right forces to overthrow the government. Two conflicting resolutions were rejected during the parliamentary vote, allowing the country’s economic situation to stabilize.

How the no-confidence resolutions failed in the vote

The scenario was tense: initially, far-left deputies proposed a no-confidence resolution against the government, aiming to gather the necessary 289 votes for its resignation. However, they received only 260 votes—insufficient for success. Soon after, far-right factions proposed their own resolution, intended to increase pressure on the cabinet. The result was even less impressive: only 135 votes. Both parliamentary resolutions failed, which automatically approved the budget.

Prime Minister Le Corny’s compromise politics

Prime Minister Le Corny’s success is explained by his willingness to negotiate. The government made significant concessions, agreeing to cut some expenses and increase the tax burden compared to initial proposals. This flexible stance, although requiring the abandonment of some ambitions, helped prevent a political crisis. History remembers the fates of Le Corny’s predecessors, who were forced to resign precisely because they failed to reconcile budget resolutions with Parliament.

Economic consequences and market confidence recovery

Despite the successful passage of the resolutions, the budget deficit remains a concerning indicator. Forecasts indicate it will reach 5%, exceeding initial estimates. However, the very fact of approving the budget, even in a revised form, restores investor confidence in the French economy. The political stabilization guaranteed by the resolutions passed by Parliament allows markets to expect a more predictable economic development in the second half of the year.