France Needs €40 Billion in Savings to Reach 2026 Deficit Target

The Minister of Industry Éric Lombard called for the "economic patriotism" of French industrialists. For good reason, although France has so far been timid in this area, Eric Delbecque, expert in internal security and economic intelligence, author of "Quel patriotism économique ?" (PUF) and "L'intelligence économique pour les hommes" (First).

The French government has issued the first warning: after the historic cut in the 2025 budgets, it will also have to adjust those of 2026. Economy and Finance Minister Eric Lombard announced this Sunday a “significant effort” in the accounts they are preparing, which will translate into at least 40 billion euros of savings, necessary to maintain the deficit reduction targets. Currently it is 5.4%, one of the highest in the European Union, and th…

The government is already working on the preparation of the 2026 budget, which could be based on a reduction in social spending, but also on an increased effort by the most affluent taxpayers," said Eric Lombard. "BFMTV's initiative this Sunday, April 13th, the Minister of Economy has expressed his concern about the current "state of budgetary emergency" and announced his intention to reduce the deficit to 4.6% by 2026, with the goal of "below 3…

While the executive is planning €40 billion in savings for 2026, CGT secretary-general Sophie Binet denounces a fiscal policy that is considered unfair and calls for greater involvement of the richest, rather than the employees.

This measure, initially proposed by Michel Barnier for a period of two years, will be maintained "or improved" in the 2026 budget, announced Éric Lombard.

The Minister of Economy said this Sunday that this effort would be based "primarily on savings" or "increased revenue from growth."