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France plans 60 billion euro budget squeeze for next year
The French government plans to subject the budget to a 60 billion euro belt-tightening drive next year to hit new fiscal targets, officials said on Wednesday, outlining an unprecedented push to rein in France's spiralling deficit.
France Plans $66 Billion in Spending Cuts and Tax Hikes in 2025
France plans around €60 billion ($66.4 billion) in spending cuts and tax hikes next year as Prime Minister Michel Barnier seeks to claw back a widening budget deficit and bolster investor confidence in the country.
France plans eye-watering €40B in budget cuts for 2025
Prime Minister Michel Barnier said it would take until 2029 to get the country’s deficit in line with EU rules.
France's Barnier announces targeted tax hikes to plug budget deficit
Prime Minister Michel Barnier announced steep public spending cuts and targeted tax hikes for France's biggest companies and wealthiest individuals on Tuesday, saying there was no other way to narrow a gaping budget deficit.
France Delays Plan to Meet 3% EU Deficit Limit Until 2029
French Prime Minister Michel Barnier delayed a target to bring the budget deficit within the European Union limit by two years to gain breathing space as he tries to repair the country’s public finances.
2d
France to consider corporate tax increase to lower budget deficit
France's new Prime Minister Michel Barnier is reportedly considering a one-off increase in corporate tax on the country's ...
think
2d
Why France’s budget headache is back in the news
According to the Treasury, if no corrective measures are taken, the deficit should reach 6.2% in 2025, 6.7% in 2026 and 6.5% ...
1d
France’s Prime Minister Urges a Divided Parliament to Give Him a Chance
Michel Barnier vowed to slash spending and temporarily raise some taxes, but his plan must contend with three bitterly ...
20h
Barnier Holds Bond Market at Bay With Emergency Plan for France
Prime Minister Michel Barnier’s first policy address on Tuesday bought his new government some much-needed time to fix France ...
8d
France Has A New Government But A Budget Crisis May Not Be Far
Following an unprecedented period where France was without a government, Michel Barnier has now announced a cabinet, which in ...
5d
France's debt weighs heavier ahead of budget debate
France's vast public debt pile grew in the second quarter, official figures showed Friday, as Prime Minister Michel Barnier's ...
9d
France’s new government meets for the first time to discuss budget and migrant issues
France’s new government dominated by conservatives and centrists has gathered for the first time as Prime Minister Michel ...
1d
on MSN
France's Barnier resorts to targeted tax hikes to plug budget deficit
Prime Minister Michel Barnier announced steep spending cuts and tax hikes for France's biggest companies and wealthiest ...
2d
French Premier Plans Up to $20 Billion of Extra Taxes, Parisien Says
French Prime Minister Michel Barnier plans to announce additional taxes to raise between €15 billion and €18 billion ...
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