French government warns Rassemblement National amid budget negotiations

The French government has warned the far-right Rassemblement National (RN) against reckless actions amid ongoing budget negotiations. Prime Minister Michel Barnier has agreed to drop a planned electricity tax increase, responding to one of the RN's demands. Marine Le Pen's party insists that all its key demands must be met to avoid a no-confidence vote next week. The RN holds significant power in the National Assembly, making the budget's approval critical for Barnier's administration. France's borrowing costs have risen above Greece's for the first time, raising concerns about the government's ability to pass a budget. A decision on the country's debt rating is expected from S&P later today.