Summary
France's National Assembly will vote on a social security budget bill. Prime Minister Sebastien Lecornu needs support from different parties because he does not have a majority in parliament. If the bill fails, France faces a significant funding gap for social services.
Key Facts
- The National Assembly is voting on a social security budget bill in France.
- Prime Minister Sebastien Lecornu does not have a majority in parliament.
- Lecornu offered to pause President Macron's pension reform to gain Socialist Party support.
- The pension reform previously raised the retirement age.
- The bill aims to close a funding gap of 30 billion euros for healthcare and welfare.
- Opposition parties include the National Rally, France Unbowed, and some right-wing parties.
- Failure to pass the bill could lead to a budget shortfall of up to 30 billion euros.
- France targets reducing its budget deficit below 5% of GDP next year.
