Sensible, ie painful, budgets will not be passed. Economic growth would make all that easier, but France is growing by barely 1% a year—not too bad for the euro zone, but not nearly enough to make a dent in the budgetary problem.
Northern Europeans used to mock the PIGS—Portugal, Italy, Greece and Spain—for their profligate ways. France has now turned porcine, while the PIGS have largely reformed.