French PM presents belt-tightening 2027 budget, including frozen wages and new taxes
- The French government's deficit reduction plans in its 2027 budget represent a minimum effort in light of the challenge of getting the finances back on track, the country's independent fiscal watchdog said on Thursday.
- The High Council for the Public Finances, which is charged by law with determining whether the government's fiscal plans stack up, said the deficit target for this year of 5.4 percent of economic output was "plausible" though it could still be missed.
- Plans to reduce the deficit next year to 5 percent of output are "limited", the watchdog said after the government pr
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- The French government's deficit reduction plans in its 2027 budget represent a minimum effort in light of the challenge of getting the finances back on track, the country's independent fiscal watchdog said on Thursday.
- The High Council for the Public Finances, which is charged by law with determining whether the government's fiscal plans stack up, said the deficit target for this year of 5.4 percent of economic output was "plausible" though it could still be missed.
- Plans to reduce the deficit next year to 5 percent of output are "limited", the watchdog said after the government pr
Sources: France 24