News First | Europe

French government risks collapse with budget confidence vote in September

25 August 2025, 11:03 am

1 min read

French Prime Minister Francois Bayrou delivers a speech as members of the French government listen to during a press conference about his 2026 budget in Paris, France, August 25, 2025. REUTERS/Abdul Saboor

Reuters was ahead in reporting that French Prime Minister Francois Bayrou would seek a confidence vote over his plans for sweeping budget cuts, pushing government bond yields to their highest since March. The premium investors require to hold French debt rather than German bonds also widened sharply on the news.