France has a new government, again. Politics and crushing debt ...
Dec 24, 2024 · But France’s previous government collapsed this month because Marine Le Pen’s far-right party and left-wing lawmakers opposed 60 billion euros in spending cuts and tax hikes in the original 2025 budget plan. Bayrou and new Finance Minister Eric Lombard are expected to scale back some of those promises, but the calculations are tough.
New French finance minister eyes 2025 deficit slightly above 5%
4 days ago · PARIS, Dec 29 (Reuters) - France's delayed 2025 budget bill will target a deficit of "slightly above 5%" in order to protect growth, the country's new finance minister said in a newspaper interview.
France has a new government. Now it must fix the budget while …
Dec 23, 2024 · Alexis Kohler, Secretary-General of the Elysee Palace, announces the names of the ministers of the new cabinet, in the Elysee Palace, Monday, Dec 23, 2024 in Paris. French President Emmanuel Macron’s office announced a new government, after the previous Cabinet collapsed in a historic vote prompted by fighting over France’s budget.
As Budget Impasse Grinds On, Macron Appoints a New Cabinet
Dec 23, 2024 · But every day without a true budget adds to the country’s debt problems. “France needs a budget,” Mr. Bayrou said recently on social media. “We should adopt one very quickly, with the ...
Main spending cuts and tax increases in France's 2025 budget
Oct 10, 2024 · France's government presented on Thursday its 2025 budget aimed at plugging a gaping hole in the public finances with 60 billion euros ($65.68 billion) worth of tax hikes and spending cuts.
French government unveils unprecedented budget cuts for 2025
Oct 10, 2024 · French Prime Minister Michel Barnier’s new government is under pressure from financial markets and the European Union to balance its budget. The long-term goal of these cuts is to bring the deficit...
France's budget battle: Why the government's plan to plug the …
Oct 15, 2024 · France’s new government has unveiled its 2025 belt-tightening budget bill, with plans for major tax hikes and spending cuts aimed at tackling the country’s giant deficit.
'We spent a lot.' How two years of denial led to France's budget …
Oct 17, 2024 · How did France go from the 4.4% public deficit level that was initially forecast for the end of 2024, to the 6.1% that has since come to be expected? In other words, a €50 billion drift and an...
French government promises €40 billion in spending cuts in 2025
Oct 2, 2024 · That was the impressive total financial effort that Prime Minister Michel Barnier has planned to implement, from 2025 onwards, to restore France's public finances. This figure was unveiled on...
France's 2025 budget crisis: Barnier invokes Article 49.3 - what ...
Dec 2, 2024 · French PM Michel Barnier has invoked Article 49.3 to pass budget measures without parliamentary approval, risking a no-confidence vote. Opposition, led by Marine Le Pen, demanded the indexation...
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