历经4个月议会辩论 法国2026年预算案正式公布 赤字率目标5% 公共债务超3.48万亿欧元

Core Viewpoint - The French government has officially announced the 2026 national budget, marking the conclusion of a four-month parliamentary debate, amidst a politically divided landscape following President Macron's dissolution of the National Assembly in 2024 [1]. Group 1: Budget Overview - The 2026 budget aims to control the public finance deficit rate at around 5%, which is higher than the initially set target of 4.7% but lower than the 2025 rate of 5.4% [1]. - The core direction of the budget remains focused on reducing public spending, although defense spending will see an increase of €6.5 billion [1]. - The government plans to maintain overall stability in the current tax framework, but the introduction of several new tax measures may lead to dissatisfaction among the business community [1]. Group 2: Debt and Fiscal Challenges - As of the end of Q3 2025, France's total public debt reached €3,482.2 billion, accounting for 117.4% of the GDP [1]. - According to EU regulations, member states must keep their fiscal deficit below 3%, indicating that France's current deficit and debt levels significantly exceed this standard, posing a challenging fiscal adjustment task in the coming years [1].