Eurobank on France: Presidential Elections Make Fiscal Consolidation Difficult
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4 Articles
France is in a prolonged fiscal impasse, as the combination of high public spending, low economic growth, increased borrowing costs and
Eurobank warns of the difficult challenge of fiscal consolidation ahead of the 2027 presidential elections.
According to a Eurobank analysis, despite the high tax burden, the country continues to record significant deficits and growing public debt.
France faces persistent fiscal imbalances that reveal longstanding weaknesses in the economic model, on top of recent growth pressures. As Eurobank reports in its Global & Regional Focus Notes, France faces persistent fiscal imbalances that are not just a consequence of the slowdown in economic activity in recent years, but reflect deeper, longstanding weaknesses in its economic and fiscal model. Despite the high tax burden, the country continue…
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