French PM Sébastien Lecornu Rules Out Wealth Tax, Faces Political Backlash

French Prime Minister Sébastien Lecornu has announced that his government will not reintroduce a wealth tax or suspend the controversial pension reform. This decision has sparked anger among left-wing parties, raising concerns about potential political instability as he prepares for the 2026 budget. The implications of his fiscal priorities could challenge his administration's ability to secure necessary support for governance.