Sébastien Lecornu remains France’s prime minister in a fragmented National Assembly lacking a stable majority, relying on negotiated support from the Socialist Party to survive repeated no-confidence motions. His government is preparing the 2027 budget amid pressure to deliver roughly €30 billion in savings, including potential pension adjustments and spending restraint, while facing opposition resistance and low public approval ratings near historic lows for both Lecornu and President Macron. Recent weeks have featured budget seminars, targeted spending announcements on violence prevention and child protection, and controversy over the prime minister’s referral of press leaks on fiscal planning to prosecutors. Parliamentary debates on the budget are set to intensify from late September, with further censure risks from La France Insoumise and Rassemblement National. Lecornu’s tenure has depended on last-minute cross-party deals and procedural maneuvers such as Article 49.3, patterns that traders monitor closely ahead of the 2027 presidential campaign.