François Bayrou Warns of Debt Trap, Promises 2026 Budget Preview

The former Prime Minister came out of silence to call political parties to responsibility, while the 2026 budget is being prepared. Behind the scenes, he continues to maintain his networks and wants to play an active role in preparation for the next presidential election.

In an empty speech in terms of announcements, François Bayrou confirmed on 15 April his intention to make savings, and quickly, without increasing taxes. For ecological planning and the revival of public services, on the other hand, we will come back.

Our public finances are at this point degraded that their recovery would require blood and tears, at least through major reforms, everything the Prime Minister cannot do.

On Tuesday 15 April, Prime Minister François Bayrou unveiled the main lines of work of the budget for the coming year, which will be presented this summer. The head of government took the opportunity to draw on the weight of the French public debt, a "piège" according to him.

France must tackle finances to save social model, Bayrou says

Bayrou outlined elements of a “four-direction plan” to revamp France’s finances.

François Bayrou, surrounded by his ministers, detailed this morning his method of stabilizing France's public debt over 6 years, which amounts to more than 3,300 billion euros; but the Prime Minister did not announce any precise cuts. He wants to reindustrialize the country. But the unions wonder about his strategy...