Wedged Between Social Unrest and Budget Crisis, France Puts Off Tough Decisions
5 Articles
5 Articles
In the midst of a social crisis, the French government promises more resources for the school, while seeking to reduce the public deficit in its 2027 budget during the debate in Parliament. Between social demands, savings to be realized and political blockages, the equation seems delicateIn the French street this Thursday, we are demanding even more resources. At the National Assembly, we are looking for billions of savings. Taken between these …
The finance bill, introduced at the beginning of October and currently under consideration by the Assembly, is based on increasingly unattainable economic forecasts. The executive will have to increase its efforts if it is to meet its deficit reduction target of 5%.
The political environment is anything but favorable for compromises.
The 0.1% decline in growth in the third quarter will affect growth in 2026, but also weigh on 2027: the government will have to find 10 to 15 billion euros in additional savings to contain the government deficit next year to 5%.
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