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France's Government Risks Backlash With Stringent Budget Plan

France's Government Risks Backlash With Stringent Budget Plan

Bloomberg15-07-2025
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Prime Minister Francois Bayrou will outline a plan on Tuesday to sharply narrow France's deficit, setting the stage for a parliamentary battle that risks triggering another government collapse.
The premier is set to present details of around €40 billion ($47 billion) of spending cuts and tax increases for 2026 that are needed to shrink the euro area's largest budget gap.
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