Final consumer price index for June 2026. (provisional date — follows INSEE's mid-month final cadence)
Macron spends his last Bastille Day building a Europe the RN does not believe in
Macron's last Bastille Day brought a missile-defence coalition with Ukraine and nine European states; the same week put Le Pen 54-46 ahead in a runoff. A court cut her ineligibility on 7 July and she declared for 2027 that night; Ifop gives her 36 percent to Édouard Philippe's 19. In the Assembly, the RN voted with the government to pass the police firearms bill 313-199. Fontainebleau burned, arson suspected, as three reactors shut in the heat.
Upcoming
28 key official events aheadSummer eurozone rate decision; last meeting before the September staff projection round.
Flash estimate of second-quarter French GDP growth; first reading of the spring-summer growth trajectory under the minority government's fiscal stance.
Provisional consumer price index for July 2026. (provisional date — follows INSEE's end-of-month flash cadence)
Final consumer price index for July 2026. (provisional date — follows INSEE's mid-month final cadence)
Quarterly ILO (BIT) unemployment rate for Q2 2026; the Q1 read hit 8.1%, a five-year high, so labour-market direction is closely watched. (provisional date — follows INSEE's quarterly cadence)
Detailed national accounts for Q2 2026, including household purchasing power and the corporate profit margin.
Provisional consumer price index for August 2026. (provisional date — follows INSEE's end-of-month flash cadence)
Rate decision accompanied by the September round of ECB staff macroeconomic projections; meeting held at the Deutsche Bundesbank.
Final consumer price index for August 2026. (provisional date — follows INSEE's mid-month final cadence)
Series 2 renewal: 178 of the Senate's seats across 63 departments are contested by indirect suffrage. Outcome shapes the upper chamber's balance during the budget season and ahead of the 2027 presidential race.
Provisional consumer price index for September 2026. (provisional date — follows INSEE's end-of-month flash cadence)
Constitutionally fixed start of the ordinary parliamentary session (runs to 30 June 2027), opening the autumn budget cycle for a minority government.
Tabling of the 2027 finance bill (Projet de Loi de Finances) before its first Assemblée reading; a central test of the government's ability to pass a budget without a majority. (provisional date — PLF 2026 was presented 14 Oct 2025)
Autumn eurozone rate decision ahead of the December projection meeting.
Flash estimate of third-quarter French GDP growth. (provisional date — follows INSEE's end-of-month flash cadence)
Provisional consumer price index for October 2026. (provisional date — follows INSEE's end-of-month flash cadence)
Quarterly ILO (BIT) unemployment rate for Q3 2026. (provisional date — follows INSEE's quarterly cadence)
Provisional consumer price index for November 2026. (provisional date — follows INSEE's end-of-month flash cadence)
Likely period for the decisive budget vote and any no-confidence motion, given the constitutional 70-day limit on the finance bill. The government may invoke Article 49.3. (provisional window — exact dates depend on the legislative timetable)
Final eurozone rate decision of 2026 with the December staff projections; sets the tone for the 2027 rate path.
Mid-January release confirming December and full-year 2026 inflation. (provisional date — follows INSEE's mid-month cadence)
Flash estimate of fourth-quarter and full-year 2026 French GDP growth. (provisional date — follows INSEE's end-of-month cadence)
Quarterly ILO (BIT) unemployment rate for Q4 2026; the year-end labour-market read. (provisional date — follows INSEE's quarterly cadence)
First eurozone rate decision of 2027 with the March staff projections.
First round of the 2027 presidential election. Constitutionally the vote must fall between 11 April and 2 May 2027; the runoff follows two weeks later. (provisional date — decree fixing the exact day not yet issued)
June 2027 eurozone rate decision with the quarterly staff projections.
Recent events
fr48Marine Le Pen convicted of embezzlement, announces 2027 presidential bid amid legal battle
Marine Le Pen was convicted of embezzling EU funds by the Paris Court of Appeal, receiving a 3-year sentence (1 year electronic bracelet), a fine, and a 45-month political ban (30 months suspended). She announced her candidacy for the 2027 presidential election and will appeal to the Court of Cassation. The article profiles likely candidates Le Pen, Jean-Luc Mélenchon, and Edouard Philippe, highlighting Le Pen's strong chance of reaching the second round but uncertainty over her opponent.
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Marine Le Pen convicted of embezzlement, announces 2027 presidential bid amid legal battle
Marine Le Pen was convicted of embezzling EU funds by the Paris Court of Appeal, receiving a 3-year sentence (1 year electronic bracelet), a fine, and a 45-month political ban (30 months suspended). She announced her candidacy for the 2027 presidential election and will appeal to the Court of Cassation. The article profiles likely candidates Le Pen, Jean-Luc Mélenchon, and Edouard Philippe, highlighting Le Pen's strong chance of reaching the second round but uncertainty over her opponent.
Marine Le Pen was convicted of embezzling EU funds by the Paris Court of Appeal, receiving a 3-year sentence (1 year electronic bracelet), a fine, and a 45-month political ban (30 months suspended). She announced her candidacy for the 2027 presidential election and will appeal to the Court of Cassation. The article profiles likely candidates Le Pen, Jean-Luc Mélenchon, and Edouard Philippe, highlighting Le Pen's strong chance of reaching the second round but uncertainty over her opponent.
fr48Large wildfire in Fontainebleau forest south of Paris suspected arson, burns 800 hectares
A large wildfire in the Fontainebleau forest south of Paris has burned 800 hectares, forcing the closure of the A6 highway and disrupting rail services during a busy holiday weekend. Nearly 400 firefighters and water-bombing planes are battling the blaze, which Interior Minister Laurent Nunez said may have been deliberately set due to multiple ignition points. The fire occurs during a heatwave that has also forced the temporary shutdown of three nuclear power plants. The blaze is of exceptional scale and marks the first time firefighting planes from southern France have been deployed to the Paris region. The wildfire remains uncontained, with a new fire detected, and has now consumed 5% of the forest massif. Record heat on Sunday is giving way to slightly cooler temperatures on Monday in western France, but drought conditions continue to exacerbate the fire risk.
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Large wildfire in Fontainebleau forest south of Paris suspected arson, burns 800 hectares
A large wildfire in the Fontainebleau forest south of Paris has burned 800 hectares, forcing the closure of the A6 highway and disrupting rail services during a busy holiday weekend. Nearly 400 firefighters and water-bombing planes are battling the blaze, which Interior Minister Laurent Nunez said may have been deliberately set due to multiple ignition points. The fire occurs during a heatwave that has also forced the temporary shutdown of three nuclear power plants. The blaze is of exceptional scale and marks the first time firefighting planes from southern France have been deployed to the Paris region. The wildfire remains uncontained, with a new fire detected, and has now consumed 5% of the forest massif. Record heat on Sunday is giving way to slightly cooler temperatures on Monday in western France, but drought conditions continue to exacerbate the fire risk.
A large wildfire in the Fontainebleau forest south of Paris has burned 800 hectares, forcing the closure of the A6 highway and disrupting rail services during a busy holiday weekend. Nearly 400 firefighters and water-bombing planes are battling the blaze, which Interior Minister Laurent Nunez said may have been deliberately set due to multiple ignition points. The fire occurs during a heatwave that has also forced the temporary shutdown of three nuclear power plants. The blaze is of exceptional scale and marks the first time firefighting planes from southern France have been deployed to the Paris region. The wildfire remains uncontained, with a new fire detected, and has now consumed 5% of the forest massif. Record heat on Sunday is giving way to slightly cooler temperatures on Monday in western France, but drought conditions continue to exacerbate the fire risk.
fr43Ten European countries and Ukraine launch Integrated Anti-Ballistic Missile Coalition in Paris
Ten European countries—Denmark, France, Germany, Italy, the Netherlands, Norway, Spain, Sweden, Ukraine, and the United Kingdom—announced the creation of the Integrated Anti-Ballistic Missile Coalition following an inaugural meeting in Paris on 13 July. The coalition aims to develop a shared European anti-ballistic missile capability, leveraging Ukraine's combat experience against Russian ballistic missile attacks. The initiative is purely defensive and open to other nations. The meeting was attended by heads of state or government, EU and NATO leaders, and defense industry executives. The coalition will integrate European and Ukrainian defense industries to produce joint anti-ballistic systems. Subsequently, a Coalition of the Willing summit in Paris, co-chaired by French President Macron, UK PM Starmer, and German Chancellor Merz, gathered 23 heads of state and government. The UK joined a €90bn EU loan for Ukraine's defense and budgetary needs. EU foreign policy chief Kaja Kallas announced the upcoming 21st sanctions package, including 250 listings, and condemned the IOC's decision to allow Russian athletes to compete. Germany joined France in summoning the Russian ambassador over cyber and hybrid attacks. The UK sanctioned 24 individuals and entities for Russia's hybrid operations, attributing last year's attack on Poland's energy grid to Russia. The EU sanctioned nine people and four entities over Russian cyber espionage and sabotage. Macron's final Bastille Day parade as president, themed 'strategic awakening of Europe,' will feature 6,800 troops, 130 aircraft, and 500 soldiers from coalition countries, including Ukrainian pilots co-piloting Mirage jets and 25 Ukrainian troops marching. A new QR-code access system was implemented for public attendance, with 7,000 police mobilized.
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Ten European countries and Ukraine launch Integrated Anti-Ballistic Missile Coalition in Paris
Ten European countries—Denmark, France, Germany, Italy, the Netherlands, Norway, Spain, Sweden, Ukraine, and the United Kingdom—announced the creation of the Integrated Anti-Ballistic Missile Coalition following an inaugural meeting in Paris on 13 July. The coalition aims to develop a shared European anti-ballistic missile capability, leveraging Ukraine's combat experience against Russian ballistic missile attacks. The initiative is purely defensive and open to other nations. The meeting was attended by heads of state or government, EU and NATO leaders, and defense industry executives. The coalition will integrate European and Ukrainian defense industries to produce joint anti-ballistic systems. Subsequently, a Coalition of the Willing summit in Paris, co-chaired by French President Macron, UK PM Starmer, and German Chancellor Merz, gathered 23 heads of state and government. The UK joined a €90bn EU loan for Ukraine's defense and budgetary needs. EU foreign policy chief Kaja Kallas announced the upcoming 21st sanctions package, including 250 listings, and condemned the IOC's decision to allow Russian athletes to compete. Germany joined France in summoning the Russian ambassador over cyber and hybrid attacks. The UK sanctioned 24 individuals and entities for Russia's hybrid operations, attributing last year's attack on Poland's energy grid to Russia. The EU sanctioned nine people and four entities over Russian cyber espionage and sabotage. Macron's final Bastille Day parade as president, themed 'strategic awakening of Europe,' will feature 6,800 troops, 130 aircraft, and 500 soldiers from coalition countries, including Ukrainian pilots co-piloting Mirage jets and 25 Ukrainian troops marching. A new QR-code access system was implemented for public attendance, with 7,000 police mobilized.
Ten European countries—Denmark, France, Germany, Italy, the Netherlands, Norway, Spain, Sweden, Ukraine, and the United Kingdom—announced the creation of the Integrated Anti-Ballistic Missile Coalition following an inaugural meeting in Paris on 13 July. The coalition aims to develop a shared European anti-ballistic missile capability, leveraging Ukraine's combat experience against Russian ballistic missile attacks. The initiative is purely defensive and open to other nations. The meeting was attended by heads of state or government, EU and NATO leaders, and defense industry executives. The coalition will integrate European and Ukrainian defense industries to produce joint anti-ballistic systems. Subsequently, a Coalition of the Willing summit in Paris, co-chaired by French President Macron, UK PM Starmer, and German Chancellor Merz, gathered 23 heads of state and government. The UK joined a €90bn EU loan for Ukraine's defense and budgetary needs. EU foreign policy chief Kaja Kallas announced the upcoming 21st sanctions package, including 250 listings, and condemned the IOC's decision to allow Russian athletes to compete. Germany joined France in summoning the Russian ambassador over cyber and hybrid attacks. The UK sanctioned 24 individuals and entities for Russia's hybrid operations, attributing last year's attack on Poland's energy grid to Russia. The EU sanctioned nine people and four entities over Russian cyber espionage and sabotage. Macron's final Bastille Day parade as president, themed 'strategic awakening of Europe,' will feature 6,800 troops, 130 aircraft, and 500 soldiers from coalition countries, including Ukrainian pilots co-piloting Mirage jets and 25 Ukrainian troops marching. A new QR-code access system was implemented for public attendance, with 7,000 police mobilized.
fr39Persistent heatwave forces new nuclear plant restrictions in France, fuels wildfires in Spain
Background: A record-breaking heatwave in France had already forced EDF to shut down or reduce output at three nuclear reactors due to river temperature limits. Today: Persistent high pressure and above-average temperatures across western and central Europe in June and early July have led to unusually warm rivers, prompting EDF to temporarily shut down a reactor at Golfech and anticipate restrictions at Nogent from 14 July if the Seine reaches forecast temperature. The heat has also increased electricity demand for air conditioning and fueled dangerous wildfires in Spain, notably in Almería province. Meanwhile, Typhoon Bavi, after weakening from Category 5, threatens eastern China with severe flooding.
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Persistent heatwave forces new nuclear plant restrictions in France, fuels wildfires in Spain
Background: A record-breaking heatwave in France had already forced EDF to shut down or reduce output at three nuclear reactors due to river temperature limits. Today: Persistent high pressure and above-average temperatures across western and central Europe in June and early July have led to unusually warm rivers, prompting EDF to temporarily shut down a reactor at Golfech and anticipate restrictions at Nogent from 14 July if the Seine reaches forecast temperature. The heat has also increased electricity demand for air conditioning and fueled dangerous wildfires in Spain, notably in Almería province. Meanwhile, Typhoon Bavi, after weakening from Category 5, threatens eastern China with severe flooding.
Background: A record-breaking heatwave in France had already forced EDF to shut down or reduce output at three nuclear reactors due to river temperature limits. Today: Persistent high pressure and above-average temperatures across western and central Europe in June and early July have led to unusually warm rivers, prompting EDF to temporarily shut down a reactor at Golfech and anticipate restrictions at Nogent from 14 July if the Seine reaches forecast temperature. The heat has also increased electricity demand for air conditioning and fueled dangerous wildfires in Spain, notably in Almería province. Meanwhile, Typhoon Bavi, after weakening from Category 5, threatens eastern China with severe flooding.
fr39Macron to unveil ten-year defense vision before end of term
French President Emmanuel Macron announced he will present a 'ten-year defense vision' at the 150th anniversary of the École de Guerre before his term ends. Speaking at the traditional July 13 military reception, he highlighted the doubling of the defense budget to €64 billion since 2017, fulfilling a key promise, and stressed the need for strategic foresight to prepare for future conflicts, including ongoing commitments in Ukraine and the Indo-Pacific. In his final address to the armed forces, Macron warned against nationalist retreat, urging successors to maintain defense spending and pursue a 'European preference' in defense policy, following the collapse of the Franco-German SCAF fighter jet project. He asserted that France and Europe are ready to defend freedom and law 'at the cost of blood if necessary,' referencing the ongoing war in Ukraine since 2022. The announcement raises questions about its impact on the next president's defense policy and the upcoming 2028 defense white paper.
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Macron to unveil ten-year defense vision before end of term
French President Emmanuel Macron announced he will present a 'ten-year defense vision' at the 150th anniversary of the École de Guerre before his term ends. Speaking at the traditional July 13 military reception, he highlighted the doubling of the defense budget to €64 billion since 2017, fulfilling a key promise, and stressed the need for strategic foresight to prepare for future conflicts, including ongoing commitments in Ukraine and the Indo-Pacific. In his final address to the armed forces, Macron warned against nationalist retreat, urging successors to maintain defense spending and pursue a 'European preference' in defense policy, following the collapse of the Franco-German SCAF fighter jet project. He asserted that France and Europe are ready to defend freedom and law 'at the cost of blood if necessary,' referencing the ongoing war in Ukraine since 2022. The announcement raises questions about its impact on the next president's defense policy and the upcoming 2028 defense white paper.
French President Emmanuel Macron announced he will present a 'ten-year defense vision' at the 150th anniversary of the École de Guerre before his term ends. Speaking at the traditional July 13 military reception, he highlighted the doubling of the defense budget to €64 billion since 2017, fulfilling a key promise, and stressed the need for strategic foresight to prepare for future conflicts, including ongoing commitments in Ukraine and the Indo-Pacific. In his final address to the armed forces, Macron warned against nationalist retreat, urging successors to maintain defense spending and pursue a 'European preference' in defense policy, following the collapse of the Franco-German SCAF fighter jet project. He asserted that France and Europe are ready to defend freedom and law 'at the cost of blood if necessary,' referencing the ongoing war in Ukraine since 2022. The announcement raises questions about its impact on the next president's defense policy and the upcoming 2028 defense white paper.
fr23Black supremacist Kemi Seba arrested in South Africa, linked to Niger junta
Kemi Seba, a French-born black supremacist activist stripped of French nationality in July 2024 after multiple hate speech convictions, is currently detained at Kgosi Mampuru II correctional centre in Pretoria, South Africa, following a failed exfiltration attempt. He has been appointed as a 'special adviser' by Niger's junta leader General Abdourahamane Tiani and holds a Nigerien diplomatic passport. Niger's embassy in South Africa has reportedly promised to host him upon his release. Seba claims he will eventually be freed and continues to receive visits from Nigerien officials while in prison. The case highlights the intersection of pan-Africanist militancy, French decolonization tensions, and Sahelian junta diplomacy.
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Black supremacist Kemi Seba arrested in South Africa, linked to Niger junta
Kemi Seba, a French-born black supremacist activist stripped of French nationality in July 2024 after multiple hate speech convictions, is currently detained at Kgosi Mampuru II correctional centre in Pretoria, South Africa, following a failed exfiltration attempt. He has been appointed as a 'special adviser' by Niger's junta leader General Abdourahamane Tiani and holds a Nigerien diplomatic passport. Niger's embassy in South Africa has reportedly promised to host him upon his release. Seba claims he will eventually be freed and continues to receive visits from Nigerien officials while in prison. The case highlights the intersection of pan-Africanist militancy, French decolonization tensions, and Sahelian junta diplomacy.
Kemi Seba, a French-born black supremacist activist stripped of French nationality in July 2024 after multiple hate speech convictions, is currently detained at Kgosi Mampuru II correctional centre in Pretoria, South Africa, following a failed exfiltration attempt. He has been appointed as a 'special adviser' by Niger's junta leader General Abdourahamane Tiani and holds a Nigerien diplomatic passport. Niger's embassy in South Africa has reportedly promised to host him upon his release. Seba claims he will eventually be freed and continues to receive visits from Nigerien officials while in prison. The case highlights the intersection of pan-Africanist militancy, French decolonization tensions, and Sahelian junta diplomacy.
fr15Rafale F4 conducts collaborative combat test with autonomous electronic warfare drone
Dassault Aviation and Harmattan AI successfully tested a collaborative combat scenario where a Rafale F4 fighter jet engaged a target using data from an autonomous drone equipped with the NAMIB electronic warfare payload. The drone discreetly located a simulated radar at tens of kilometers and transmitted coordinates to the Rafale for a simulated strike. This demonstrates the Rafale F4's enhanced connectivity and the integration of autonomous systems for electronic warfare and collaborative multi-domain operations.
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Rafale F4 conducts collaborative combat test with autonomous electronic warfare drone
Dassault Aviation and Harmattan AI successfully tested a collaborative combat scenario where a Rafale F4 fighter jet engaged a target using data from an autonomous drone equipped with the NAMIB electronic warfare payload. The drone discreetly located a simulated radar at tens of kilometers and transmitted coordinates to the Rafale for a simulated strike. This demonstrates the Rafale F4's enhanced connectivity and the integration of autonomous systems for electronic warfare and collaborative multi-domain operations.
Dassault Aviation and Harmattan AI successfully tested a collaborative combat scenario where a Rafale F4 fighter jet engaged a target using data from an autonomous drone equipped with the NAMIB electronic warfare payload. The drone discreetly located a simulated radar at tens of kilometers and transmitted coordinates to the Rafale for a simulated strike. This demonstrates the Rafale F4's enhanced connectivity and the integration of autonomous systems for electronic warfare and collaborative multi-domain operations.
fr13Rafale fighter jet gains anti-drone capability with 68mm laser-guided rockets
The French Directorate General of Armaments (DGA) has successfully completed flight tests integrating 68mm laser-guided rockets onto the Rafale fighter jet for anti-drone warfare. This low-cost capability, developed under an urgent operational requirement, allows the Rafale to engage drones like the Shahed-136 using cheaper munitions than air-to-air missiles. An initial operational capability is expected by the end of July 2026, with deliveries starting that month.
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Rafale fighter jet gains anti-drone capability with 68mm laser-guided rockets
The French Directorate General of Armaments (DGA) has successfully completed flight tests integrating 68mm laser-guided rockets onto the Rafale fighter jet for anti-drone warfare. This low-cost capability, developed under an urgent operational requirement, allows the Rafale to engage drones like the Shahed-136 using cheaper munitions than air-to-air missiles. An initial operational capability is expected by the end of July 2026, with deliveries starting that month.
The French Directorate General of Armaments (DGA) has successfully completed flight tests integrating 68mm laser-guided rockets onto the Rafale fighter jet for anti-drone warfare. This low-cost capability, developed under an urgent operational requirement, allows the Rafale to engage drones like the Shahed-136 using cheaper munitions than air-to-air missiles. An initial operational capability is expected by the end of July 2026, with deliveries starting that month.