France is facing a potential budget crisis as the government struggles to finalize the 2025 finance bill amid political turmoil.

The dissolution of the National Assembly and subsequent legislative elections have delayed crucial budget preparations, raising the possibility of entering 2025 without an approved budget.

The absence of a clear majority in the Assembly complicates the passage of the finance bill, which must be approved by December 31 to avoid disruptions in state operations.

The government has already frozen €10 billion in credits to manage the deficit, but the lack of political consensus threatens further progress.

As the deadline looms, the financial markets are showing signs of concern, with the spread between French and German bond yields reaching record levels.

The situation remains tense as the government races against time to secure a budget agreement.