It was claimed that France would have, for the first time in ten years, a balanced budget. That was not entirely ... any appeal to the national thrift must have but one object—consolidation ...

France's Prime Minister Michel Barnier delivers a speech at the National Assembly, in Paris on Oct. 1, 2024. (AP Photo/Thibault Camus) MARSEILLE, France (CN) — Prime minister Michel Barnier is finally ...

France's belt-tightening budget delivers a bigger tax hit than the government originally let on, according to new breakdowns ...

The budget battle will be fiercely debated in the lower house of parliament, where the governing coalition lacks a majority. France’s National Assembly is divided into three major blocs ...

The new minister will present the national budget on Thursday, which Paris hopes will tackle France's "colossal" debt through spending cuts and new taxes. "We have prepared a budget to strengthen ...

That will make it harder to pass a belt-tightening budget and assuage nervous international investors at a time when France’s national debt has risen to more than 3 trillion euros ($3.28 trillion).

The French government of Prime Minister Michel Barnier on Thursday is set to deliver its 2025 budget, which is viewed as key to the new government's survival. A spiralling fiscal deficit requires ...

of spending cuts and tax increases — a magnitude of effort rarely undertaken in France. And that’s just a first step in the task of getting the budget gap within the EU’s 3% limit by 2029.

The amendment providing for a 2% tax rate on citizens whose assets exceed 1 billion euros was voted through - Now, the ...

Speaking on FranceInfo this Saturday, National Rally MP Thomas Ménagé said: “As things stand, this budget is absolutely unacceptable ... Very clear red lines have been crossed," he added ...

PARIS (AP) — France’s new government has unveiled its 2025 belt-tightening budget bill, with plans for major tax hikes and spending cuts aimed at tackling the country’s giant deficit.

which has subjected France to an excessive deficit procedure for falling foul of the EU's fiscal rules. But the budget squeeze, equivalent to two points of national output, has to be carefully ...