France's 2026 Budget Approved After Deadlock

France's 2026 budget passed after no-confidence motions failed. Government used Article 49.3 after 2024 snap election and hung parliament. Budget raises defense spending by 6.5 billion euros. Taxes on businesses increased to raise 7.3 billion euros. Targeted 5% GDP deficit for 2026. Government stability boosted investor confidence. Debt risk premium returned to pre-snap election levels. Fragmented center leaves uncertainty for mainstream candidate. Far right remains strengthened amid unpopular measures
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