France Fails to Adopt a Budget by Year’s End. Again.

For the second year in a row, France failed to adopt a national budget by the end of the legislative calendar. On Tuesday, December 23, 2025, French lawmakers passed a special law to avoid a government shutdown and allow negotiations to continue into January. The inability to agree on a budget reflects ongoing political gridlock in Parliament, where no single party holds a majority. Prime Minister Sébastien Lecornu now has additional time to reach a budget agreement, though government officials emphasize the temporary measure is not a sustainable solution given France's large deficit. President Macron has stated that the special legislation is unsatisfactory and only a temporary fix.

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