French Government Considers Budget Concessions to Prevent Crisis

Reported about 9 hours ago

French Finance Minister Antoine Armand has indicated a willingness to make concessions on the 2025 budget bill in order to avoid a potential government collapse due to opposition threats of no-confidence votes. With the left planning to propose a motion next week, the fate of Prime Minister Michel Barnier's administration rests on the support of Marine Le Pen's National Rally party. This uncertainty has led to increased borrowing costs for France, prompting discussions about alternative fiscal strategies, including tax modifications and spending cuts, to ensure a viable budget is passed.

Source: YAHOO

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