France's Budget Battle: Political Drama Unfolds

France faces political uncertainty as Prime Minister Francois Bayrou plans to use executive powers for budget approval. This could trigger a no-confidence motion and possible downfall like in December. The fractured National Assembly and opposition criticisms add to the tension as budget debates continue.

France stands on the brink of political turbulence as Prime Minister Francois Bayrou has announced intentions to utilize special executive powers to pass the national budget, circumventing parliamentary approval. This decision could spark a motion of no confidence, reminiscent of the political shakeup last December when similar actions led to then-Prime Minister Michel Barnier stepping down.

The looming political showdown highlights the complexities within France's fractured National Assembly, particularly after June's inconclusive elections. President Emmanuel Macron previously enlisted Barnier to propose budgetary measures, including significant spending cuts and tax increases, which further splintered political factions and heightened legislative tensions.

As debates on the state and social security budgets proceed, Bayrou's government faces opposition from various political quarters, including the far-left France Unbowed and far-right National Rally. Socialists, despite opposing the government, have shown willingness to negotiate for France's fiscal future. The coming days will be critical in determining the political landscape.

(With inputs from agencies.)