French Government Faces €10 Billion Budget Battle

Reported 3 days ago

France's budget requests for 2025 total nearly €10 billion as Prime Minister Michel Barnier's government navigates a power struggle with the far-right National Rally party. Budget minister Laurent Saint-Martin emphasized the need for financial compromise amid calls for increased pensions and reduced drug reimbursements. The government's reliance on the constitutional provision 49.3 to pass the budget has raised political tensions, leading to concerns over rising borrowing costs and investor confidence.

Source: YAHOO

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