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French PM Faces ‘Moment of Truth’ on Tuesday as Ouster Looms
FRANCE, JUL 14 – The €40 billion plan aims to reduce France's budget deficit from 5.4% to 4.6% of GDP in 2026 amid opposition parties' rejection and political instability risks.
- French Prime Minister François Bayrou is set to present a 40-billion-euro austerity budget plan on Tuesday amid rising public debt and political tension.
- The plan follows a deterioration of public finances during Emmanuel Macron's second term and a divided parliament that risks toppling Bayrou's minority government.
- The budget plans to lower the budget shortfall from its current level of 5.4% of GDP to 4.6% by 2026, mainly by cutting public expenditure and freezing social benefits, while defence spending is set to increase.
- Bayrou emphasized that the government will prevent the deficit from growing, while far-right and far-left opposition parties have threatened to reject the budget plan and potentially initiate a no-confidence vote.
- The outcome could determine whether France can stabilize public finances and avoid another government collapse, as political instability hinders long-term economic planning.
38 Articles
38 Articles
'The moment of truth': French PM Bayrou lays out budget cuts
French Prime Minister François Bayrou is set to present a 40 billion-euro budget reduction plan on Tuesday. Opposition parties have warned they may move to bring down his minority government if the proposed cuts are seen as too severe. The French PM is then in a tricky position, as FRANCE 24's Marc Perelman explains.
White Year, VAT Increase or Pensioners' Contribution ? On Tuesday afternoon, the Prime Minister will present the options for savings or tax increases for the 2026 budget. A review of the government's main options.
DECRYPTAGE - François Bayrou will present this Tuesday 15 July the main guidelines of his plan to recover the country's finances, while France presents some of the worst indicators in the EU.
CHRONIQUE. The Prime Minister today presents his solutions to achieve 40 billion economies... and plays his future in Matignon.
French PM to lay out difficult budget decisions to escape 'deadly deficit trap'
French Prime Minister François Bayrou presents the highly anticipated 2026 budget to parliament on Tuesday, outlining plans to find €40 billion in spending cuts and tax hikes. Whatever form the measures take they will be unpopular and risk bringing down the government.
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