France's Budget Crisis

France's Prime Minister has issued a stark warning regarding the potential collapse of his government if the upcoming budget fails to pass. The proposed budget includes significant spending cuts and tax increases, making it unpopular among the populace. The opposition parties, consisting of leftist and far-right factions, are considering a vote of no confidence, which could lead to a government transition just months after its formation. Such a collapse would exacerbate the already dire economic situation in France, characterized by a public deficit of around 6%, with implications for the broader Eurozone.