France's Economy Poised for Growth Amid Political Stability

French Finance Minister Roland Lescure anticipates a boost in the country's economic growth to 1% by the end of the year. This follows a surprisingly rapid 0.9% expansion expected in 2025, as political stability returns after defeating no-confidence motions against France's government and passing the 2026 budget.

French Finance Minister Roland Lescure projects a 1% economic growth for the nation by year's end, succeeding a better-than-anticipated 0.9% spike for 2025. Speaking on BFM TV, he highlighted a promising start with a budget deficit target below 5% of the GDP.

His remarks followed the French government's recent passage of the 2026 budget, marking an end to political turmoil after defeating no-confidence motions. This development paves the way for increased stability under Prime Minister Sebastien Lecornu's minority government.

Lescure's optimism aligns with a broader European economic trend, wherein nations strive to mitigate deficits while fostering growth. France's timely budget adoption may serve as a catalyst for further economic achievements amid a relatively stable political landscape.

(With inputs from agencies.)