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Bayrou Prepares the French for Further Spending Cuts
- French Prime Minister François Bayrou announced a multi-year plan on Tuesday morning to restore public finances with new spending cuts.
- The plan responds to an urgent fiscal situation highlighted by the Court of Auditors' February report showing a 6% GDP deficit in 2024.
- Bayrou aims to save 40 billion euros by 2026, with possible measures including reviewing unemployment benefits and introducing a social VAT to fund healthcare.
- The Court of Auditors called the fiscal deterioration "exceptional," while the IMF warned that the deficit could reach 6% again without decisive action.
- Bayrou expects public effort but faces opposition from trade unions and political critics, signaling parliamentary challenges ahead for the proposed cuts.
19 Articles
19 Articles
The French Prime Minister, François Bayrou , is succeeding in saving his personal political 'skin', paying a catastrophic price for France: to postpone the measures of budgetary rigour necessary to emerge from the most serious economic and political crisis in the history of the V Republic, created between 1958 and 1962. Last September, after an unprecedented political/government vacuum quarter, Michel Barnier , a brand-new prime minister, made t…
Guest of BFMTV, the Prime Minister promised a plan to return to balance of public finances "over three or four years" to be presented in early July.
The Prime Minister foresees a return to fiscal balance over three or four years, involving an effort shared by all the French.
Le Parisien
L'OpinionThe Prime Minister is the guest of BFMTV/RMC this Tuesday morning.
In a tense social and societal climate, the Prime Minister is the guest of the news channel continuously this Tuesday morning for an hour from 8:20 a.m.
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- 50% of the sources lean Left, 50% of the sources lean Right
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