The Latest Breaking News from Sebastien Lecornu

The French lower house rejected parts of the 2026 budget bill on Saturday, leaving open whether the politically fragmented parliament, under pressure from the EU and investors to reduce a budget deficit, can strike a deal before the end of the year.

A swing group in French parliament on Friday said that if a 2026 budget bill was not changed to include a tax on the supremely wealthy, it would vote down the government.

The tepid progress for the economy recently could prompt the Office for Budget Responsibility to downgrade its economic assessment.

Sebastien Lecornu now faces weeks of negotiations to pass a budget in the deeply fragmented National Assembly

French Prime Minister Sebastien Lecornu weathered two confidence motions Thursday, just days after appointing his new government and making a key political concession to stay in power.

December S&P 500 E-Mini futures (ESZ25) are up +0.43%, and December Nasdaq 100 E-Mini futures (NQZ25) are up +0.48% this morning as signs of continued strong demand for artificial intelligence helped shift investors’ attention from escalating U.S.-China trade tensions.

France's reappointed Prime Minister Sébastien Lecornu faces two votes of no confidence in the National Assembly on Thursday morning, hoping his offer to suspend President Emmanuel Macron's unpopular pension reform will win enough support from moderates on the left to avert a second government collapse in as many weeks.

The EU will urge G7 partners to consider tapping immobilized Russian assets in aiding Ukraine, the bloc's economy commissioner told AFP on Wednesday, as finance ministers of the group convene in Washington.

Sébastien Lecornu may have lived to see another day, but this crise de régime could yet prove terminal for the Fifth Republic