Philippe exits presidential race, backs Horizons party leader
Philippe exits 2027 race, endorses Horizons party leader amid center-right consolidation.
Event / Politics
France's economic projections and fiscal policy developments for 2026-2027, including debt forecasts, budget adjustments, and deficit reduction measures.
2026-08-22 to 2026-11-05 · UTC publication dates
Coverage begins 22 Aug, 15:51 UTC
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The Medef (French employers' confederation) organized a major debate on August 27, 2026, featuring seven principal candidates for the 2027 French presidential election. Business leaders questioned candidates about their economic proposals during the event.
Édouard Philippe proposes ending what he describes as unrestricted sick leave abuse. He notes that sick leave absences increased by nearly 40% in value between 2019 and 2025, costing approximately 17 billion euros annually. He advocates for enforcing waiting periods on the first one or two days of short-term absences and creating a mandatory waiting period of three to six months between sick leave and termination by mutual agreement, citing Spain's approach to differentiate between short and long-term leave.
Édouard Philippe, candidate in the 2027 presidential election, stated in an interview with AFP that he aims to reduce maximum unemployment benefits to 12 months for job seekers under 50 years old, modeling the policy after Germany. Currently, the maximum duration is 18 months for those under 55 years old, following a 2023 reform that previously reduced the period from a maximum of 24 months.
Édouard Philippe calls for stability in the Dutreil Pact, a French tax measure facilitating the transfer of family-owned businesses to the next generation. He argues the provision gives family business owners certainty in their succession planning and criticizes periodic challenges to its existence. He opposes proposals to tax all inheritances above 12 million euros or to impose inheritance taxes from the first euro.
A new unemployment reform will reduce the maximum duration of benefits to 15 months in cases of conventional rupture (severance agreement) starting September 1, 2026.
Benjamin Haddad became the fourth member of the Renaissance party holding a government position to announce support for Édouard Philippe's presidential candidacy. The previous three were Justice Minister Gérald Darmanin, Government Spokesperson Maud Bregeon, and Ecological Transition Minister Mathieu Lefèvre. Renaissance party leader Gabriel Attal also launched his own presidential campaign.
Minister Benjamin Haddad stated that he was open to forming a first-round alliance with Republican candidate Bruno Retailleau to create a united center-right coalition, describing such unity as essential to prevent "catastrophe for the country." He indicated this potential alignment would be discussed "toward winter," suggesting preparations for the first round of voting.
Benjamin Haddad, France's Minister Delegate for Europe, announced on Wednesday, August 26, 2026, that he would support Édouard Philippe, the Horizons party candidate and mayor of Le Havre, in the April-May 2027 presidential election. Haddad stated that Philippe was "best positioned" to unite the center-right political coalition and expand to the right. He cited Philippe's positions on security, migration, and international affairs as reasons for his support.
The citizen assembly will meet at the Conservatoire national des arts et métiers in Paris for six weekend seminars. Experts will present on various topics before citizens break into subgroups of 50 to study specific policy dilemmas.
Jean-Marc Jancovici, founder and president of the Shift Project think tank, launched a citizen initiative called "Un commun accord" (A Common Agreement) on August 26, 2026. The initiative aims to give citizens a voice in debates on climate, energy, and economic issues during the 2027 presidential campaign.
The "Un commun accord" project has a budget of three million euros. Three-quarters of the funding has been secured through private donations, with crowdfunding being pursued to complete the budget.
A randomly selected panel of 150 citizens, chosen by Toluna Harris Interactive to represent societal diversity, will meet over six weekends starting September 19, 2026 through February 2027. The citizens will debate and exchange with experts on policy dilemmas including purchasing power versus employment, affordable food versus locally-produced goods, and other issues affecting France's future.
A website (uncommunaccord.fr) and crowdfunding platform (Ulule.com) were launched to allow citizens to contribute to debates on policy dilemmas and support the initiative financially. The project aims to maximize individual support to strengthen the legitimacy of the process.
Unlike the 2019-2020 Citizen Convention on Climate, the new assembly aims to present dilemmas inherent to all solutions, discuss their feasibility, and establish priorities through structured debate rather than focus only on climate issues.
The "Un commun accord" initiative is supported by approximately a dozen personalities including actor Thierry Lhermitte, influencers McFly and Carlito, Nobel Prize in Physics laureate Alain Aspect, Air Force General Frédéric Chiffot, and others from civil society.
Jean-Marc Jancovici confirmed that he will not be a candidate in the 2027 presidential election and will not associate with presidential candidates until the May 2027 election verdict, emphasizing the initiative's non-partisan nature.
CFDT secretary general Marylise Léon stated the union is willing to work with the government on making wealthy retirees contribute financially to help reduce the public deficit by 28 billion euros for the 2027 budget. The union supports shared efforts to balance public accounts but did not specify an income threshold for affected retirees.
CFDT secretary general Marylise Léon announced the union will discuss its policy ideas with various presidential candidates in early 2027, but will not meet with Marine Le Pen. The CFDT stated it has a clear policy of not engaging with far-right candidates.
According to Bruno Le Maire, then Economy Minister, who was heard by the Senate Finance Commission in February 2022, two-thirds of inheritances are not subject to any inheritance tax in France, meaning inheritance tax concerns only a very limited number of French citizens.
Socialist primary candidate Raphaël Glucksmann, running in the primary organized by Place publique and the Socialist Party, has proposed creating a tax on large inheritances as part of his platform.
Philippe exits 2027 race, endorses Horizons party leader amid center-right consolidation.
French TV networks restructure programming with new anchors, political shows, and entertainment formats amid 2027 election neutrality requirements.
Glucksmann officially enters 2027 race as centrist alternative between left and right.
Philippe proposes cutting unemployment benefits and tightening sick leave rules as core labor market reforms.
Medef hosts inaugural debate with seven presidential candidates representing France's political spectrum.
Renaissance ministers rally behind Philippe with center-right coalition-building plans for 2027.
Jancovici's citizen assembly brings 150 random participants into active 2027 campaign deliberation through structured in-person and online engagement.
CFDT pushes inheritance tax from first euro; Glucksmann supports estate taxation.
EU fuel tax postponed to 2028, delaying an economic flashpoint beyond France's 2027 presidential election.
Climate disasters—rising drowning deaths, storm damage, and crop failures—intensify environmental policy debates in France's 2027 presidential race.
Glucksmann enters 2027 race as centrist alternative, rejecting left-wing alliances.
France 2 anchor Léa Salamé steps down from evening news to comply with election-period media neutrality rules.