Tag #French Budget

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lexpress.fr

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Jul 15, 19:14

France Announces €44 Billion Budget Cuts

French Prime Minister François Bayrou unveiled a budget plan aiming for €44 billion in savings, including eliminating one in three civil servant positions upon retirement, freezing 2026 public spending, and removing two public holidays.

France Announces €44 Billion Budget Cuts

French Prime Minister François Bayrou unveiled a budget plan aiming for €44 billion in savings, including eliminating one in three civil servant positions upon retirement, freezing 2026 public spending, and removing two public holidays.

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What specific measures will France implement to reduce its budget deficit by €44 billion?

To curb France's deficit, Prime Minister François Bayrou announced a budget aiming for €44 billion in savings. Key measures include not replacing one in three retiring civil servants and a freeze on public spending in 2026.

lefigaro.fr

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Jun 8, 16:12

Moscovici Rejects French Budget Freeze Proposal

French Cour des comptes President Pierre Moscovici opposes a proposed one-year freeze on the 2026 budget, advocating for structural reforms instead of short-term measures to achieve 40 billion euros in savings, citing France's high public spending of 57% of GDP.

Moscovici Rejects French Budget Freeze Proposal

French Cour des comptes President Pierre Moscovici opposes a proposed one-year freeze on the 2026 budget, advocating for structural reforms instead of short-term measures to achieve 40 billion euros in savings, citing France's high public spending of 57% of GDP.

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How does Pierre Moscovici propose to achieve the necessary budget savings, and what are the potential implications of his proposed approach?

Moscovici's criticism highlights the limitations of short-term budget cuts. He stresses the need for sustained reforms across public institutions—state, local governments, and social security—to manage France's high public spending (57% of GDP). This approach emphasizes long-term solutions over austerity measures.

lemonde.fr

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Apr 26, 16:13

France Announces €3.1 Billion in Budget Cuts for 2025

The French government announced €3.1 billion in budget cuts for 2025, impacting various ministries including Ecology (€549.6 million), Economy (€517.7 million), Research (€493.3 million), and Agriculture (€140 million), to meet deficit targets amidst a revised 0.7% growth forecast and geopolitical u...

France Announces €3.1 Billion in Budget Cuts for 2025

The French government announced €3.1 billion in budget cuts for 2025, impacting various ministries including Ecology (€549.6 million), Economy (€517.7 million), Research (€493.3 million), and Agriculture (€140 million), to meet deficit targets amidst a revised 0.7% growth forecast and geopolitical u...

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What specific actions did the French government take to address its 2025 deficit targets, and what immediate consequences resulted?

The French government announced €3.1 billion in budget cuts for 2025, part of a previously announced €5 billion reduction to meet deficit targets amidst slower economic growth. These cuts affect various ministries, including Ecology, Economy, Research, and Agriculture, impacting planned spending but not significantly hindering public policy execution, according to the government.

lemonde.fr

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Apr 15, 16:11

France Aims for €40 Billion in Budget Savings Amidst Political Challenges

The French government plans to achieve €40 billion in savings by 2026 to reduce the public deficit, facing potential parliamentary opposition and relying on public support; the plan involves spending cuts across the public sector without tax increases.

France Aims for €40 Billion in Budget Savings Amidst Political Challenges

The French government plans to achieve €40 billion in savings by 2026 to reduce the public deficit, facing potential parliamentary opposition and relying on public support; the plan involves spending cuts across the public sector without tax increases.

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What specific measures will France implement to achieve €40 billion in savings by 2026, and what are the potential risks to this plan?

The French government aims to achieve €40 billion in savings by 2026 to reduce the public deficit from 5.4% to 4.6% of GDP. This plan faces potential parliamentary censorship and requires public support for successful implementation. The government rejects tax increases and further borrowing as solutions.

liberation.fr

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Apr 15, 16:11

France Aims for €40 Billion in Budget Savings by 2026

French Prime Minister François Bayrou announced a plan to achieve €40 billion in budget savings by 2026 by increasing production and employment, rejecting tax increases due to France's already high tax burden, the highest globally in 2024. He aims to present the budget's main orientations before Jul...

France Aims for €40 Billion in Budget Savings by 2026

French Prime Minister François Bayrou announced a plan to achieve €40 billion in budget savings by 2026 by increasing production and employment, rejecting tax increases due to France's already high tax burden, the highest globally in 2024. He aims to present the budget's main orientations before Jul...

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What specific measures will France take to achieve €40 billion in budget savings by 2026, and what are the immediate consequences of this plan?

French Prime Minister François Bayrou announced a plan to achieve €40 billion in savings by 2026, aiming to present the budget's main orientations before July 14th. This accelerated timeline aims to involve citizens in the process, promoting "co-responsibility".

liberation.fr

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Apr 13, 22:10

France Faces €40-50 Billion Budget Shortfall, Plans Austerity Measures

The French government must cut €40-50 billion from its budget to meet its 2026 deficit target of 4.6% of GDP, prompting discussions about austerity measures and potential impacts on public services.

France Faces €40-50 Billion Budget Shortfall, Plans Austerity Measures

The French government must cut €40-50 billion from its budget to meet its 2026 deficit target of 4.6% of GDP, prompting discussions about austerity measures and potential impacts on public services.

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What specific measures will the French government implement to address the €40-50 billion budget shortfall, and what are the immediate consequences?

The French government faces a €40-50 billion shortfall to meet its 2026 budget deficit target of 4.6% of GDP, as stated by government officials on BFM TV and RTL. This requires significant spending cuts, with Prime Minister Borne emphasizing the need for transparency and shared risk. No tax increases are planned.

kathimerini.gr

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Jul 2, 16:14

Borne Survives No-Confidence Vote, but Future Hinges on Le Pen's Support

French Prime Minister Elisabeth Borne survived a no-confidence vote on Tuesday, but her position remains precarious due to the conditional support of far-right leader Marine Le Pen's National Rally (RN), whose abstention was key to her survival. Borne's approval rating stands at 80% disapproval, and...

Borne Survives No-Confidence Vote, but Future Hinges on Le Pen's Support

French Prime Minister Elisabeth Borne survived a no-confidence vote on Tuesday, but her position remains precarious due to the conditional support of far-right leader Marine Le Pen's National Rally (RN), whose abstention was key to her survival. Borne's approval rating stands at 80% disapproval, and...

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How did the RN's actions regarding the 2024 budget contribute to the current political instability in France?

Le Pen's decision to abstain from the no-confidence vote highlights the RN's growing political influence. The party's increasing demands regarding the budget, coupled with Borne's low approval rating, create a precarious situation for the government. The RN successfully orchestrated the downfall of Borne's predecessor last year over budget disagreements.

lefigaro.fr

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Apr 26, 16:13

France Announces €3.1 Billion in Budget Cuts for 2025

The French government enacted €3.1 billion in budget cuts for 2025, impacting various ministries including ecology (€549.6 million), economy (€517.7 million), and research (€493.3 million), to meet public deficit targets amid slower economic growth and geopolitical uncertainty.

France Announces €3.1 Billion in Budget Cuts for 2025

The French government enacted €3.1 billion in budget cuts for 2025, impacting various ministries including ecology (€549.6 million), economy (€517.7 million), and research (€493.3 million), to meet public deficit targets amid slower economic growth and geopolitical uncertainty.

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How did revised macroeconomic forecasts and geopolitical uncertainty influence the government's decision to implement budget cuts?

This €3.1 billion reduction, detailed in a decree published in the Journal Officiel, is a direct response to revised economic forecasts showing lower-than-expected public revenue due to a 0.7% growth projection. The cuts primarily impact non-salary budget items, minimizing disruption to public services.

lemonde.fr

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Apr 15, 10:11

France Targets €40 Billion in Savings Amidst Budgetary Censure Threat

Facing a potential censure motion, the French government plans €40 billion in savings by 2026 to reduce the public deficit from 5.4% to 4.6% of GDP, sparking debate about potential measures and political risks.

France Targets €40 Billion in Savings Amidst Budgetary Censure Threat

Facing a potential censure motion, the French government plans €40 billion in savings by 2026 to reduce the public deficit from 5.4% to 4.6% of GDP, sparking debate about potential measures and political risks.

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What specific measures are being considered to achieve €40 billion in savings by 2026, and what are the potential consequences of failure?

The French government aims to achieve €40 billion in savings by 2026 to reduce the public deficit. This target is part of a broader plan to lower the deficit from 5.4% to 4.6% of GDP. Failure to meet this goal could lead to a censure motion in the National Assembly.

lexpress.fr

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Apr 15, 13:16

France Seeks €40 Billion in Savings Amidst Budgetary Crisis

French Prime Minister François Bayrou is convening a budget alert committee to address a €40 billion savings target for 2026, exploring options such as higher taxes on high earners and cuts to public spending to reduce the national debt of €3,303 billion.

France Seeks €40 Billion in Savings Amidst Budgetary Crisis

French Prime Minister François Bayrou is convening a budget alert committee to address a €40 billion savings target for 2026, exploring options such as higher taxes on high earners and cuts to public spending to reduce the national debt of €3,303 billion.

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How will the French government balance the need for fiscal responsibility with potential social and political backlash from proposed austerity measures?

The proposed savings target necessitates a multi-pronged approach. Besides increased taxation on high earners and potential pension adjustments, the government plans to cut spending in state agencies and implement efficiency measures within the national health insurance system, aiming to generate €20 billion in savings. Local authorities are also expected to contribute €8 billion in cuts.

lefigaro.fr

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Apr 14, 16:11

French Unions Reject €40 Billion Budget Cuts, Demand Tax Increases

French labor unions strongly oppose the government's plan to cut €40 billion from the 2026 budget, calling for increased taxes on corporations and high-income earners instead of further public spending cuts, citing record corporate subsidies and dividend payouts as potential sources of revenue.

French Unions Reject €40 Billion Budget Cuts, Demand Tax Increases

French labor unions strongly oppose the government's plan to cut €40 billion from the 2026 budget, calling for increased taxes on corporations and high-income earners instead of further public spending cuts, citing record corporate subsidies and dividend payouts as potential sources of revenue.

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What are the potential short-term and long-term implications of the government's failure to address the unions' concerns regarding the 2026 budget?

The conflict foreshadows potential social unrest and political difficulties for the government. The unions' unified stance and concrete proposals, including targeting corporate subsidies and dividend taxation, could intensify pressure for policy adjustments. Failure to address union concerns may lead to further social and political instability in France.

lexpress.fr

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Feb 9, 19:10

France to Adjust 2026 Budget to Address 2025 Shortfalls

France's Economy Minister Eric Lombard announced plans to start preparing the 2026 budget on Monday, aiming to correct issues in the 2025 budget that negatively impacted businesses and high-income earners, while implementing new budget control tools to prevent future overruns.

France to Adjust 2026 Budget to Address 2025 Shortfalls

France's Economy Minister Eric Lombard announced plans to start preparing the 2026 budget on Monday, aiming to correct issues in the 2025 budget that negatively impacted businesses and high-income earners, while implementing new budget control tools to prevent future overruns.

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What specific measures will France take in its 2026 budget to address issues raised by the 2025 budget?

France will start preparing its 2026 budget on Monday, aiming to correct issues in the 2025 budget that burdened businesses and high-income earners. Adjustments include reducing a tax increase on industrial charges from €1.6 billion and lowering the "flat tax" on capital gains and dividends for high earners from 37.2% to 30%.

Showing 13 to 24 of 41 results