The French government has recently proposed a series of deficit reduction plans in an attempt to reverse its deteriorating fiscal situation. French Finance Minister Lescure stated that the government plans to control next year's deficit-to-GDP ratio to below 5% through measures such as cutting spending and controlling pension expenditures. It is also prepared to invoke Article 49.3 of the Constitution if necessary to bypass parliament and push through approximately €43 billion (about $48 billion) in spending cuts. Le Pen's National Rally, on the other hand, proposed a more radical "shadow budget," planning to cut over €140 billion in spending and reduce next year's deficit ratio to 3.7%. Affected by this, pressure on the French bond market temporarily eased, with the 10-year government bond yield falling by about 12 basis points to around 4.75% on Tuesday. However, the implementation of these plans still faces parliamentary resistance and street protests. Meanwhile, the euro continues to weaken against the dollar, reflecting the market's demand for a higher risk premium due to France's fiscal difficulties.