France Adopts Stopgap Budget Bill Into 2026 to Avert Shutdown

The French National Assembly approved a stopgap budget law for 2026 to keep the state running into January after lawmakers failed to reach an agreement on the full fiscal plan.

The so-called loi spéciale, which was also used at the end of last year, allows the state to continue collecting taxes and borrow money despite the lack of a full budget. The law effectively rolls over 2025 fiscal plans into the new year and is expected to be approved by the Senate later Tuesday.

French Prime Minister Sebastien Lecornu was forced to seek the emergency measure after lawmakers failed ...