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[French Prime Minister Bayrou Is Expected To Successfully Pass The No-confidence Vote And Push The Budget Into Effect] French Prime Minister Bayrou Is Expected To Successfully Pass Two No-confidence Votes On Wednesday, Which Will Give Him The Stability He Needs To Implement The Postponed 2025 Budget. Bayrou Used A Special Constitutional Provision On Monday To Push The Bill Through Parliament Without A Vote, A Move That Triggered A Vote That Could Lead To His Resignation. However, The Socialist Party, One Of The Parties That Voted To Expel Former Prime Minister Barnier, Said It Would Abstain This Time, Which Is Likely To Lead To The Failure Of The Motion. The Far-right National Rally Also Seems To Abstain This Time. "My Belief Is That We Need To Avoid Uncertainty," Said Party Chairman Bardra. The News That Bayrou May Be Spared From Stepping Down Has Boosted The French Bond Market. The Spread Between French And German 10-year Government Bonds Fell To Its Lowest Level Since September Last Year, At Around 71 Basis Points
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