French lawmakers pass temporary bill to prevent government shutdown amid leadership change.

French lawmakers unanimously passed a temporary bill to keep the government running and avoid a shutdown following the resignation of Prime Minister Michel Barnier after a no-confidence vote. The law allows the government to levy taxes and fund essential public services based on last year's budget. The new Prime Minister, Francois Bayrou, will draft a new budget, though there's opposition to any austerity measures. This comes as France's growth forecast for 2025 was downgraded to 0.9% due to increased uncertainty.

December 16, 2024
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