Public Deficit

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France's Lombard Confident Budget Will Be Approved, Says EU-US Trade Deal Close
Bloomberg Television· 2025-07-16 06:54
The Prime Minister has set out a plan for spending cuts and tax increases. Do you think that this should be enough to reassure investors. Yes, I think so.As you rightly said, across as an issue of large public debt and too large a public deficit, and we are actually tackling the issue, I believe, very seriously. The plan is a plan of €44 billion of savings and revenue increases, €44 billion. That will bring our deficit below the 5% threshold next year to 4.6%.And we are aiming at a deficit below 3% in 2029. ...