Le Pen Vows €140 Billion Savings if Elected to Prevent French 'Default'
- On Tuesday, presidential candidate Marine Le Pen announced a 'counterbudget' plan to implement 140 billion euros in cost savings by 2032, warning that France is 'heading towards default' without significant economic change.
- Le Pen unveiled these measures to regain momentum after her top ally Jordan Bardella faced accusations of making antisemitic comments, which he has denied.
- She vowed to bring France's public deficit below the European Central Bank's 3% limit by 2030, while criticizing President Emmanuel Macron for failing to prevent interest payments from 'strangling France.'
- Le Pen promised 15-20 billion euros in pension savings by correcting 'inefficient and unfair' measures while proposing to lower the retirement age to 62.
- Her proposal includes a referendum on a budget 'golden rule' to force annual debt reduction, even as France forecasts borrowing 340 billion euros in 2027 to finance spending.
38 Articles
38 Articles
Far-right presidential election candidate Marine Le Pen presented her party's shadow budget plan, which promised €140 trillion in cost saving over five years, trunging the deficit back under 3% of GDP by 2030 and a budgetary referendum.
Le Pen eyes bond markets with bigger spending cuts pledge if far right win presidential vote
PARIS, Oct 6 - Marine Le Pen sharply increased her plans to slash spending if she wins next year's French presidential election, an announcement designed to establish the far right's fiscal credentials as tensions rise in the bond market. Read more at straitstimes.com.
France's most popular presidential candidate Marine Le Pen announced on Tuesday that if she is elected president next year, she will implement spending cuts of 140 billion euros by 2032. Le Pen also warned that without cuts, the country is heading towards insolvency.
The leader of the French far-right Marine Le Pen, who will run for president in next year's elections, presented her vision for the recovery of France's public finances for the period 2027-2032, Agence France-Presse reported, quoted by BTA. Le Pen said that if elected head of state, her government would realize net savings of 140 billion euros and cut taxes by 30 billion euros. She sharply criticized the way in which French public finances hav…
Reformatorisch Dagblad
welingelichtekringen.nlFrench presidential candidate Marine Le Pen wants to bring France's budget deficit below 3 percent of gross domestic product (GDP) by 2032 at the latest. Le Pen said this on Tuesday at a meeting of her party, the Rassemblement National.
Le Pen vows drastic cost savings to prevent French 'default'
The current frontrunner in the presidential race made the announcement in a bid to stake out her credibility on the economy and regain momentum after her top ally Jordan Bardella was accused of making antisemitic comments, which he has denied. Le Pen also vowed to bring France's public deficit back to below the EU limit of three percent of GDP by 2030, while urging the European Central Bank to "ease the burden" of interest rates. France's defici…
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