France’s minority government to present make-or-break austerity budget --[Reported by Umva mag]

France's new government will on Thursday deliver its 2025 budget, with plans for €60 billion worth of tax hikes and spending cuts to tackle a spiralling fiscal deficit. But without a majority, Prime Minister Michel Barnier will likely need to make concessions to avoid a veto from opposition parties.

Oct 10, 2024 - 13:16
France’s minority government to present make-or-break austerity budget --[Reported by Umva mag]
France's new government will on Thursday deliver its 2025 budget, with plans for €60 billion worth of tax hikes and spending cuts to tackle a spiralling fiscal deficit. But without a majority, Prime Minister Michel Barnier will likely need to make concessions to avoid a veto from opposition parties.




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