Public Finances
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Ex-officials and CFA urge government to agree on reconstruction project after fiscal alert
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The Autonomous Fiscal Council warned that the reconstruction project creates deficits until 2031. Former ministers like Mario Marcel and José de Gregorio called for a broad agreement to reduce uncertainty.
The prime minister sent a framing letter to each government member to limit funding requests deemed unrealistic given the urgency of public finances.
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The French state recorded a deficit of 125 billion euros in 2025, a 31.6 billion drop from 2024, thanks to robust tax revenues, Bercy announced on February 3. This improvement, the strongest since 2020, still hides ongoing debt pressures. Public spending remained steady, while revenues exceeded forecasts.
January 27, 2026 00:41