France's budget deficit reduced to 5% of GDP
Statements (10)
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France's government plans to cut spending on pensioners to reduce the deficit.
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France's budget for 2027 includes 43 billion euros in new measures to reduce the deficit.
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France's government plans a 43 billion euro spending package to reduce the budget deficit.
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France's final budget proposes €43 billion in savings to reduce the deficit to 5% of GDP.
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The French government budget for 2027 includes partial savings of 25 billion euros on salaries, pensions, and health.
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France is seeking to calm market jitters with a budget plan to narrow the deficit
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The French government presented a budget proposal to the Council of Ministers on Thursday.
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The French government's budget proposal assumes increased economic growth.
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The French government's budget proposal sets a target to reduce the budget deficit from 5.4%.
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French Finance Minister Roland Lescure stated that the country's budget deficit can be reduced to 3% of GDP by 2029.