The French government is ready to use executive orders to pass the 2027 budget, bypassing parliament, Bloomberg reports. According to Finance Minister Roland Laskier, strict spending restrictions are necessary to reduce the deficit from 5.4% to 5% of GDP and stabilize the government bond market. The lack of a parliamentary majority makes the vote dangerous, and the use of decrees will allow the approval of the document without amendments and prevent delays before the presidential elections.

The French government is ready to use executive orders to pass the 2027 budget, bypassing parliament, Bloomberg reports. According to Finance Minister Roland Laskier, strict spending restrictions are necessary to reduce the deficit from 5.4% to 5% of GDP and stabilize the government bond market. The lack of a parliamentary majority makes the vote dangerous, and the use of decrees will allow the approval of the document without amendments and prevent delays before the presidential elections.