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French parliament set for no-confidence votes – Europe live | France

French parliament prepares for vote of confidence

Welcome to us European blog An eventful day is expected french parliament Two votes of no confidence were planned.

Prime minister, Sébastien LecornuBut his government looks set to survive after he offered to suspend President Emmanuel Macron’s groundbreaking pension reform To get support from the left.

socialistsLeaders who hold the key to Lecornu’s political survival welcomed the move, saying they would not support no-confidence motions, one from the far left and the other from the far right National Rally.

The outcome is still expected to be close, including potential rebels from the Socialists or conservatives, Reuters reported. Republicans injecting some doubt into the outcome.

There are 265 MPs in parliament from parties that say they will vote to oust Lecornu, with only 289 votes needed to oust him.

By setting aside pension reform, Lecornu threatens to destroy one of Macron’s key economic legacies. Public finance of France They are in a dangerous situation. The country is in the midst of its worst political crisis in decades as successive minority governments try to push deficit-cutting budgets through a brutal legislature split into three distinct ideological blocs.

Meanwhile, the Socialists are trying to capitalize on their existing power with a new reform initiative. flagship wealth tax Increasing revenue by targeting France’s richest people.

The debate is already ongoing. I will give you updates and reactions as they come.

His Thursday, 16 October 2025I Amy Sedghi and this Europe Live.

Good morning.

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What do socialists want?

Angelique Chrisafis

If Sébastien Lecornu survives today’s votes, it will depend on his support. socialistsThe Prime Minister said he would not support either measure after proposing to delay President Emmanuel Macron’s pension reforms that would raise the retirement age to 64.

But the centre-left party is trying to take advantage of the unprecedented political crisis and is now proposing:Zucman tax” takes its name from an idea put forward by French economist Gabriel Zucman. A 2 percent tax will be applied to wealth over 100 million eurosThis will affect approximately 0.01% of taxpayers.

The socialist party leadership is pinning its hopes on the parliamentary debate promised by Lecornu. 2026 budget objected. The budget aims to reduce the budget deficit from 5.4% of GDP this year to 4.7%. A squeeze exceeding 30 billion EurosThese include cuts to corporate tax breaks, stricter rules on welfare contributions and new taxes.

Their leader, Olivier Faure, wrote on social media: “In the debate ahead, We on the left will work together to defend the Zucman tax and public services and protecting the poorest.” He said that if the Zucman tax is not passed, “we will have other proposals on various ways to target large fortunes, high wealth and large corporations.”

But their preferred measure will face opposition Macron’s centrists.

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