US EditionFrance Needs €40 Billion in Savings to Reach 2026 Deficit Target
44 Articles
44 Articles
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).
French Budget Sparks Outrage From Both Sides of Political Spectrum
France’s 2026 budget plans are already causing political tremors, as opposition parties across the spectrum warn they may censure Prime Minister François Bayrou’s government over its proposed austerity measures. Finance Minister Éric Lombard announced on BFM TV on Sunday, April 13th, that reducing the budget deficit from 5.4% in 2025 to 4.6% in 2026 will require €40 billion in savings. The announcement has drawn sharp criticism from right-wing p…
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.
Adrien Gendre received Éric Coquerel, LFI Chairman of the Finance Committee in the National Assembly, who spoke in particular about the new Franco-Algerian tension as well as about Eric Lombard's comments on the preparation of the 2026 budget. (Politics).
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