Le Pen also called for a national referendum to decide if the 'golden rule' of budgeting should be implemented. This fiscal plan is a centerpiece of her campaign to become the next president of France.
Tuesday, October 20, 2026
Story
Global Markets15 days ago
The head of the National Rally party proposed reducing spending by €140 billion from 2026 levels in a new budgetary proposal. Marine Le Pen's strategy for her presidential bid targets a French government deficit below 3% of GDP by 2032 and seeks to achieve a budgetary primary surplus by 2028.

Le Pen also called for a national referendum to decide if the 'golden rule' of budgeting should be implemented. This fiscal plan is a centerpiece of her campaign to become the next president of France.
Tilt chat provides reliable, tailored insights, alerts, and automations.
SPY
State Street SPDR S&P 500 ETF Trust
How we got here
Possible scenarios
Each figure is the modeled move of the S&P 500 if the outcome occurs. For information only. Not investment advice.