Reported about 12 hours ago
The French government has introduced a €60.6 billion budget aimed at reducing its public debt and restoring investor confidence. Key measures include spending cuts and higher taxes on large corporations, wealthy individuals, and energy sectors, alongside temporary levies on profitable companies. The plan is crucial as France faces political turbulence and aims to reduce its budget deficit from 6.1% to 5% of GDP by 2025, with further challenges expected from a hostile parliament.
Source: YAHOO