French PM vows more taxes and spending cuts to reduce 'colossal' debt --[Reported by Umva mag]

Prime Minister Michel Barnier pledged new taxes and public spending cuts to reduce a "colossal" debt, in a policy address to the French parliament. France's debt reached more than 110 percent of GDP in the second quarter of 2024.

Oct 4, 2024 - 17:13

French PM vows more taxes and spending cuts to reduce 'colossal' debt --[Reported by Umva mag]

Prime Minister Michel Barnier pledged new taxes and public spending cuts to reduce a "colossal" debt, in a policy address to the French parliament. France's debt reached more than 110 percent of GDP in the second quarter of 2024.

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