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Bayrou stakes French premiership on wooing Socialists on budget

Veteran centrist gambles on left-leaning MPs being willing to abstain on proposal to cut deficit

French premier François Bayrou has staked his government’s survival on striking a deal with the Socialist party, betting he can offer concessions to convince left-leaning MPs to pass a belt-tightening budget.

Allies say the veteran centrist, whose government has no majority in parliament, has no realistic option but to try to persuade Socialists to abstain and break the political gridlock over the budget.

Marine Le Pen’s far-right Rassemblement National, the other key swing voting bloc, is considered a less reliable negotiating partner since its MPs toppled Michel Barnier’s government last year, despite winning budget concessions.

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