French PM Bayrou stakes political survival on budget squeeze

French Prime Minister Francois Bayrou will outline a 40 billion-euro budget squeeze on Tuesday, with opposition parties threatening to topple his minority government if they feel the savings cut too close to the bone. President Emmanuel Macron has left Bayrou the task of repairing the public finances with the 2026 budget, after his own move to call a snap legislative election last year delivered a hung parliament too divided to tackle spiralling spending and a surprise tax shortfall.