French Prime Minister Sébastien Lecornu has successfully secured the adoption of the full 2026 budget, ending months of legislative gridlock. Lecornu managed to pass the budget without a direct vote by gaining support from the Socialist Party through negotiated concessions.
This development follows a series of no-confidence votes against the centrist prime minister, all of which he survived. In related news, US President Donald Trump announced plans to reduce tariffs on Indian goods following India’s commitment to stop purchasing Russian oil.
**Why this matters**
The approval of the 2026 budget allows the French government to move forward with its fiscal plans and policy initiatives after a prolonged period of uncertainty. The compromise with the Socialist Party highlights the challenges of governing in a fragmented parliament. Meanwhile, changes in US trade policy toward India signal shifting dynamics in global economic and geopolitical relations.
Source: NewsData