French PM Lecornu uses constitutional powers to force the income part of the 2026 budget through the lower house without a vote

French PM Lecornu uses constitutional powers to force the income part of the 2026 budget through the lower house without a vote.

French PM Lecornu's decision to use constitutional powers to bypass a vote on the income part of the 2026 budget signals a potential escalation in domestic political tensions. This move may trigger uncertainty in market sentiment and could affect investor confidence in French fiscal policy, impacting asset classes tied to eurozone stability, such as EUR and equities. Watch for possible backlash from opposition parties, which could influence broader EU dynamics.