PARIS, Jan 11 (Reuters) – The French Socialist party will not vote in favour of two no-confidence motions filed by far-right and far-left opposition parties over France’s failure to block the EU’s Mercosur trade deal, its leader said on Sunday, giving some breathing space to the country’s fragile government. “It would be absurd to censure the government on Mercosur,” Olivier Faure told BFM TV. The Mercosur deal- 25 years in the works – is between the EU and the Mercosur group of South American countries. Analysts had said last week that approval chances of these motions were few, especially the one filed by the far-right National Rally (RN), the biggest party in the National Assembly, as left-wing parties never vote for any of its initiatives. Still, the threats underline the political tightrope Macron’s administration continues to walk just over a year before the 2027 presidential election, with polls showing the RN has a shot at victory next year. LECORNU SAYS HIS FIGHT IS FOR STABILITY Prime Minister Sebastien Lecornu wants neither censure nor dissolution of …