France adopts 2026 budget after two no-confidence votes fail

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France's 2026 budget has been adopted after Prime Minister Sebastien Lecornu's government survived two no-confidence votes. The budget, passed after months of political deadlock, aims to reduce the country's deficit to 5 percent by the end of 2026 and includes a $7.6 million increase in military spending. The failed no-confidence motions, brought by left-wing and far-right groups, signal potential stability for Lecornu's minority government. The budget negotiations have been ongoing for nearly two years due to a hung parliament and pressure from the EU to reduce France's debt-to-GDP ratio. Lecornu secured support from Socialist lawmakers through targeted concessions to pass the budget.
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