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FRANCE: Draft 'Special Law' On Budget To Be Examined In Parl't 16 Dec

FRANCE
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Le Monde reports that a draft 'special law' will be examined by the National Assembly on 16 Dec. Prior to this, the legislation will be first presented to the Council of Ministers tomorrow (11 Dec). If passed, the law will allow the gov't to continue raising taxes and roll over state expenditures from the 2024 budget from 1 Jan in the event that a new state budget is not in place. President Emmanuel Macron announced the 'temporary law' during his address last week following the collapse of PM Michel Barnier's administration. 

  • Marine Le Pen, parliamentary leader of the far-right Rassemblement National (National Rally, RN), has said that her party would "obviously vote in favour" of any such measure to avoid a US-style gov't shutdown. With the RN on board, Barnier's caretaker gov't will be able to pass the legislation.
  • The report comes as Jean-Luc Melenchon and other officials from the far-left La France Insoumise (LFI) state they will not attend meetings with President Emmanuel Macron later today as the latter seeks to forge a new gov't coalition.
  • Leaders of the other parties in the leftist New Popular Front (NFP) alliance have signalled their willingness to go into gov't, but with stringent conditions. One of these is likely to be the new PM coming from the left.
  • Leader of the environmentalist Ecologists, Marine Tondelier, says her party does not want to participate in a "general interest government with LR or Macronists" but a "compact and coherent" gov't. 
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Le Monde reports that a draft 'special law' will be examined by the National Assembly on 16 Dec. Prior to this, the legislation will be first presented to the Council of Ministers tomorrow (11 Dec). If passed, the law will allow the gov't to continue raising taxes and roll over state expenditures from the 2024 budget from 1 Jan in the event that a new state budget is not in place. President Emmanuel Macron announced the 'temporary law' during his address last week following the collapse of PM Michel Barnier's administration. 

  • Marine Le Pen, parliamentary leader of the far-right Rassemblement National (National Rally, RN), has said that her party would "obviously vote in favour" of any such measure to avoid a US-style gov't shutdown. With the RN on board, Barnier's caretaker gov't will be able to pass the legislation.
  • The report comes as Jean-Luc Melenchon and other officials from the far-left La France Insoumise (LFI) state they will not attend meetings with President Emmanuel Macron later today as the latter seeks to forge a new gov't coalition.
  • Leaders of the other parties in the leftist New Popular Front (NFP) alliance have signalled their willingness to go into gov't, but with stringent conditions. One of these is likely to be the new PM coming from the left.
  • Leader of the environmentalist Ecologists, Marine Tondelier, says her party does not want to participate in a "general interest government with LR or Macronists" but a "compact and coherent" gov't.