Purchasing Power
Serge Papin, the junior minister for Commerce and Purchasing Power, has proposed allowing employees earning less than two times the minimum wage to withdraw up to 2,000 euros from their company savings plans tax-free. The measure aims to boost consumption amid economic gloom. The amount could rise during parliamentary debates.
Reported by AI
Despite statistical gains, purchasing power remains the French public's top worry for 2026 per the recent Odoxa poll for Le Figaro—outranking insecurity and immigration. In response, new Minister Serge Papin proposes tax-free withdrawals from company savings plans for low-wage earners.