Budget Tensions in France
Deal with Socialist Party suspends 2023 pension reform and freezes retirement age from 62 to 64.
23 billion deficit for 2025, possible 30 billion by 2026.
Bill moves to Senate for fresh reading; senators can accept or reject it.
Budget battles have toppled three governments since Macron lost majority.
Lecornu weakened by concessions as government aims to cut deficit to under 5% GDP.
1 month ago