French Budget 2027: Government Unveils €54 Billion Fiscal Recovery Plan
17 Articles
17 Articles
The government has announced a budget of €43 billion, with planned savings in various sectors, including health and social assistance. The budget does not provide for a freeze on income tax rates. To make €54 billion in savings, efforts will be needed. Among the new measures, a tax on certain sweet products and an increase in medical deductibles are envisaged. The surtax on large companies will be maintained. (Economy).
El Periódico
elcorreogallego.esFrance once again tightens its belt. Sébastien Lecornu’s government presented on Thursday the draft budget of 2027 to the Council of Ministers, marked by corrective measures of 43 billion euros. The accounts seek to slightly reduce the public deficit to 5% of GDP after the expected increase by 2026, decrease the debt and boost purchasing power, among others. However, many consider that, in the face of high interest rates and the slow growth of t…
France's public finances, with a record level of debt and a deficit above the limits set by the European Union, are a central issue in the face of next year's presidential elections. In the document, the government proposes new measures worth 43 billion euros which, together with those taken in 2026, carry "the total adjustment" in 2027 to "54 billion euros", writes the government. The document that is officially presented this Thursday foresees…
At present, France is as badly off as it has been for a long time, with about 120 percent of its gross domestic product in debt as much as no other EU country.
As part of the effort of €54 billion requested from the French with the 2027 budget, the government will index the income tax scale on inflation. Who will benefit from this? State of play.
The government is presenting its copy on Thursday, October 1st, and is actually planning 43 billion savings from new measures.
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