Trader sentiment on France passing a national budget by December 31 remains closely contested at 50.5% for "No," reflecting persistent parliamentary deadlock in the fragmented National Assembly, where no party holds a majority since the 2024 snap elections. Prime Minister Sébastien Lecornu's minority government only adopted the 2026 loi de finances in February after failing to meet the prior year's deadline, relying on repeated article 49.3 invocations to bypass votes and narrowly surviving multiple no-confidence motions from left-wing and far-right blocs. With EU pressure to curb deficits above 5% of GDP, similar impasse looms for the 2027 budget bill, expected in fall parliamentary sessions; successful cross-party abstentions or procedural maneuvers could tip toward passage, while escalated opposition or a failed no-confidence vote risks prolonged gridlock.