The Social Security budget for 2027 rejected almost unanimously by the National Assembly in the first reading; the text sent to the Senate
On October 23, deputies overwhelmingly rejected the revenue section of the 2027 Social Security financing bill, effectively dismissing the entire text. The left, RN-UDR alliance, and most LR members voted against it, while the government coalition largely abstained. The Senate will review the initial budget version starting November 9. The bill aims to significantly reduce the Social Security deficit by 2027, with major cuts expected from retirees. The Court of Auditors recently urged the government to restore Social Security to a balanced trajectory by 2030, emphasizing the need for immediate corrective measures.