Friday, October 24, 2025

French socialists do what all socialist do steal from the productive to line their pockets

"In Reality, It's All Over": French Socialists Threaten To End PM Lecornu's Term (Again) Over Budget Showdown

BY TYLER DURDEN
FRIDAY, OCT 24, 2025 - 06:00 AM

The French blue-chip CAC 40 is lower on the session, and the spread between 10-year French and German yields has widened, signaling that the political turmoil is far from over.

On Friday, France's Socialist Party threatened to sink Prime Minister Sébastien Lecornu's minority government as soon as next week unless the 2026 budget includes 15-20 billion euros in additional taxes. Without Socialist support in parliament, no-confidence motions would likely pass, toppling the government.

"If in the coming hours, basically until next Monday, there is no clear change to the text, there would be no margin for maneuver on the budget bill or the social security bill, so it would in reality all be over," Socialist leader Olivier Faure stated on the 24-hour French news television channel BFM television, earlier today.


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