Deficit to deadlock: why France is borrowing 310bn without a budget

As a result of the parliament's failure to vote the 2026 budget, France's government wasforced to invokea special emergency budget law that rolls over the previous years budget to keep the state funded when a new finance bill has not been adopted.

The same type of emergency legislation was used ahead of the 2025 budget,which was only finalised in February after being forced through parliament, a delay that cost t