France uses 49.3 constitutional power to pass budget without a vote in parliament, French Press reports

France uses 49.3 constitutional power to pass budget without a vote in parliament, French Press reports.

The use of Article 49.3 by France to push through the budget without a parliamentary vote signifies a potential escalation in political tension within the country. This move illustrates the government’s struggle to maintain control in legislative proceedings, which could affect investor sentiment and raise concerns about governance stability in the eurozone, impacting assets like the euro and French bonds.