France's budgetary situation is 'very serious', new PM Barnier says
- Prime Minister Michel Barnier stated that France's budgetary situation is "very serious," emphasizing the need for responsible action to address public finances.
- The public-sector deficit is expected to reach 5.6 percent of GDP this year and over six percent in 2025, exceeding EU rules.
- France was placed on a formal procedure for violating European Union budgetary rules prior to Barnier assuming office earlier this month.
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Total News Sources0
Leaning Left4Leaning Right5Center3Last UpdatedBias Distribution42% Right
Bias Distribution
- 42% of the sources lean Right
42% Right
L 33%
C 25%
R 42%
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