Sébastien Lecornu, appointed prime minister in September 2025 and reappointed weeks later, faces renewed pressure from the fragmented National Assembly as he advances the 2027 budget bill. The plan centers on €54 billion in spending reductions to narrow the deficit toward 5% of GDP, including measures affecting retirees, public-sector pay, and certain benefits, while avoiding broad tax increases on high earners. Opposition groups, including Socialists eyeing their own primary and the National Rally, have signaled willingness to back no-confidence motions during parliamentary debates, echoing prior narrow survivals through targeted concessions. Fuel-price tensions and debt-servicing costs add urgency, with the finance bill’s timeline coinciding with pre-presidential maneuvering. Trader focus remains on whether cross-party support or procedural maneuvers can again prevent censure before key votes.