Marine Le Pen : “Une crise obligataire peut se déclencher du jour au lendemain”

For the National Rally candidate, Marine Le Pen, an obligation crisis could "strike overnight," given the state of France's public finances. Speaking at the POLITICO Playbook Paris summit, she confirmed she "does not deny" the risk of such a crisis, which "does not fall from the sky" but stems from "a decade of unprecedented spending, a dramatic increase in debt and ever-greater deficits."

She criticized the record of Emmanuel Macron, whose tenure she plans to reform if she becomes president. Despite the crisis risk, she keeps the door open for budget approval. "I try to make the budget as imperfect as possible," she summarized. "Not to let it pass, but to be able to change it when I am president of the Republic."

The RN candidate announced she would present her potential five-year budget trajectory on October 6 — including "125 billion euros in savings." If she wins in the spring, she plans to implement "significant changes to the most harmful effects" of the finance law, which would require the current government to bypass a special law.

She accused European Union President Ursula von der Leyen of attempting to circumvent "the four elections of the Union's largest countries" — France, the United Kingdom, Italy and Spain — by having the EU budget adopted from late 2026. "A democratic scandal," according to the far-right candidate.