- French Prime Minister Sebastien Lecornu proposed a €54 billion ($62 billion) effort to contain spending in the 2027 budget, setting up a parliamentary fight that risks toppling the government just ahead of presidential elections.
- Without changes in next year's finance bill to curb the trend increase in spending, the deficit would widen to as much as 6.5% of economic output after 5.1% in 2025, Lecornu told Le Figaro.
Quotes
“If there are no changes in next year's finance bill to curb the trend increase in spending, the deficit would widen to as much as 6.5% of economic output after 5.1% in 2025”