Barnier’s bold budget move in France spurs opposition to hold no-confidence vote

&Tab;&Tab;<div class&equals;"wpcnt">&NewLine;&Tab;&Tab;&Tab;<div class&equals;"wpa">&NewLine;&Tab;&Tab;&Tab;&Tab;<span class&equals;"wpa-about">Advertisements<&sol;span>&NewLine;&Tab;&Tab;&Tab;&Tab;<div class&equals;"u top&lowbar;amp">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;<amp-ad width&equals;"300" height&equals;"265"&NewLine;&Tab;&Tab; type&equals;"pubmine"&NewLine;&Tab;&Tab; data-siteid&equals;"111265417"&NewLine;&Tab;&Tab; data-section&equals;"2">&NewLine;&Tab;&Tab;<&sol;amp-ad>&NewLine;&Tab;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;&Tab;<&sol;div>&NewLine;&Tab;&Tab;<&sol;div><p>French Prime Minister Michel Barnier invoked a special constitutional tool on Monday to push through the controversial 2025 budget without a parliamentary vote&period;<&sol;p>&NewLine;<p>Mr Barnier said it was necessary to ensure stability at a time of deep political divisions&period;<&sol;p>&NewLine;<p>Marine Le Pen’s National Rally and the leftist France Unbowed announced they would file no-confidence motions in response&comma; setting up a vote for as early as Wednesday that could bring down the fragile government&period;<&sol;p>&NewLine;<p>The decision comes as France grapples with a fractured National Assembly following snap elections in June&comma; which left no party or coalition with a majority&period;<&sol;p>&NewLine;<p>President Emmanuel Macron appointed Mr Barnier in September to break the deadlock and tackle the country’s ballooning deficit&period;<&sol;p>&NewLine;<p>However&comma; his austerity budget— featuring 40 billion euros in cuts and 20 billion euros in tax hikes — has been widely criticised&comma; escalating tensions in the lower house&period;<&sol;p>&NewLine;<p>The use of the tool&comma; called Article 49&period;3&comma; allows the government to pass legislation without a parliamentary vote but leaves it exposed to no-confidence motions&period;<&sol;p>&NewLine;<p>Opposition leaders argue that Mr Barnier’s concessions&comma; including scrapping an electricity tax hike&comma; do not go far enough to address their concerns&period;<&sol;p>&NewLine;<figure id&equals;"attachment&lowbar;185004" aria-describedby&equals;"caption-attachment-185004" style&equals;"width&colon; 640px" class&equals;"wp-caption alignnone"><img src&equals;"https&colon;&sol;&sol;londonglossy&period;com&sol;wp-content&sol;uploads&sol;2024&sol;12&sol;IMG&lowbar;7102&period;webp" alt&equals;"" width&equals;"640" height&equals;"427" class&equals;"size-full wp-image-185004" &sol;><figcaption id&equals;"caption-attachment-185004" class&equals;"wp-caption-text">French Prime Minister Michel Barnier delivers his speech at the National Assembly<&sol;figcaption><&sol;figure>&NewLine;<p>Ms Le Pen accused Mr Barnier of ignoring her party’s demands&period;<&sol;p>&NewLine;<p>&OpenCurlyDoubleQuote;Everyone must shoulder their responsibilities&comma;” she said&period;<&sol;p>&NewLine;<p>The political standoff has unsettled financial markets&comma; with borrowing costs rising sharply amid fears of prolonged instability&period;<&sol;p>&NewLine;<p>Mr Barnier warned of &OpenCurlyDoubleQuote;serious turbulence” if the budget isn’t passed&comma; but critics dismissed his remarks as fear-mongering&period;<&sol;p>&NewLine;<p>If the no-confidence motion succeeds&comma; Mr Macron will remain president but will need to appoint a new prime minister to steer legislation through the fractured assembly&period;<&sol;p>&NewLine;<p>The uncertainty threatens to deepen France’s economic troubles and reverberate across the eurozone&period;<&sol;p>&NewLine;&Tab;&Tab;&Tab;<div style&equals;"padding-bottom&colon;15px&semi;" class&equals;"wordads-tag" data-slot-type&equals;"belowpost">&NewLine;&Tab;&Tab;&Tab;&Tab;<div id&equals;"atatags-dynamic-belowpost-68cd37659cc9c">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;<script type&equals;"text&sol;javascript">&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;getAdSnippetCallback &equals; function &lpar;&rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;if &lpar; false &equals;&equals;&equals; &lpar; window&period;isWatlV1 &quest;&quest; false &rpar; &rpar; &lbrace;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&sol;&sol; Use Aditude scripts&period;&NewLine;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;&Tab;window&period;tudeMappings &equals; 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