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France plans 60 billion euro budget squeeze for next year
The French government plans to subject the budget to a 60 billion euro belt-tightening drive next year to hit new fiscal targets, officials said on Wednesday, outlining an unprecedented push to rein in France's spiralling deficit.
France Plans €60 Billion in Spending Cuts, Tax Hikes in 2025
France plans around €60 billion ($66.4 billion) in spending cuts and tax hikes next year as Prime Minister Michel Barnier seeks to claw back a widening budget deficit and bolster investor confidence in the country.
Budget squeeze: Digging France out of its fiscal hole
The French government plans to subject the budget to a €60 billion belt-tightening drive next year in the hope of bringing the deficit down to 5 percent of GDP from an estimated more than 6 percent
France's Barnier resorts to targeted tax hikes to plug budget deficit
Prime Minister Michel Barnier announced steep spending cuts and tax hikes for France's biggest companies and wealthiest individuals on Tuesday, saying there was no other way to narrow a gaping budget deficit.
France Delays Plan to Meet 3% EU Deficit Limit Until 2029
French Prime Minister Michel Barnier delayed a target to bring the budget deficit within the European Union limit by two years to gain breathing space as he tries to repair the country’s public finances.
Opinion
1d
Opinion
Someone Tries to Govern France
Barnier proposes a budget because he must, but where’s the growth policy?
1d
France’s Tax Increases to Hit Some 300 Companies, Premier Says
Planned tax increases to get France’s budget deficit under control will hit about 300 of the country’s biggest companies, ...
3d
France's Barnier announces targeted tax hikes to plug budget deficit
Prime Minister Michel Barnier announced steep public spending cuts and targeted tax hikes for France's biggest companies and ...
KFGO
14h
France offers 75 million euros for disease-hit sheep farms
France will provide 75 million euros ($83 million) in aid for sheep farms hit by a fast-spreading virus, Prime Minister ...
think
4d
Why France’s budget headache is back in the news
According to the Treasury, if no corrective measures are taken, the deficit should reach 6.2% in 2025, 6.7% in 2026 and 6.5% ...
10d
France Has A New Government But A Budget Crisis May Not Be Far
Following an unprecedented period where France was without a government, Michel Barnier has now announced a cabinet, which in ...
4d
France to consider corporate tax increase to lower budget deficit
France's new Prime Minister Michel Barnier is reportedly considering a one-off increase in corporate tax on the country's ...
11d
France’s new government meets for the first time to discuss budget and migrant issues
France’s new government dominated by conservatives and centrists has gathered for the first time as Prime Minister Michel ...
3d
French premier Michel Barnier announces tax rises and spending cuts
The sword of Damocles above our heads is our colossal debts,” Barnier told the National Assembly in a speech on Tuesday that ...
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