Le Pen vows €140 billion savings if elected to prevent French 'default'
- French far-right presidential candidate Marine Le Pen said Tuesday that she would implement 140 billion euros ($157 billion) in cost savings by 2032 if elected next year, warning that without change France was "heading towards default" on its debt.
- The current frontrunner in the presidential race made the announcement in a bid to stake out her credibility on the economy and regain momentum after her top ally Jordan Bardella was accused of making antisemitic comments, which he has denied.
- Le Pen also vowed to bring France's public deficit back to below the EU limit of three percent of GDP by 20
Confirmed
- French far-right presidential candidate Marine Le Pen said Tuesday that she would implement 140 billion euros ($157 billion) in cost savings by 2032 if elected next year, warning that without change France was "heading towards default" on its debt.
- The current frontrunner in the presidential race made the announcement in a bid to stake out her credibility on the economy and regain momentum after her top ally Jordan Bardella was accused of making antisemitic comments, which he has denied.
- Le Pen also vowed to bring France's public deficit back to below the EU limit of three percent of GDP by 20
Sources: France 24