Budget Deficit

Segui

French PM Targets Deficit Cut Without Wealth Tax

27 settembre 2025 Riportato dall'IA

France's new Prime Minister Michel Barnier has outlined ambitious plans to reduce the country's budget deficit to 4.7% of GDP by 2026, explicitly ruling out the introduction of a wealth tax. In a recent interview, Barnier emphasized fiscal discipline through spending cuts and efficiency measures, amid ongoing economic pressures and political debates over taxation. This announcement comes as France grapples with high public debt and the need to stabilize its finances in line with European Union guidelines.