Public Deficit
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France Adopts Budget as PM Survives No-Confidence Votes
Bloomberg Television· 2026-02-03 06:45
France's parliament has adopted a budget for 2026 after Prime Minister Sebastien Lecornu survived two non-confidence votes. For more, Bloomberg's Caroline Connan joins us from Paris. So what's better than one confidence vote, two confidence votes that he survived.Why has it taken so long. And is it fair to say that Lecornu is out of the woods now. And in fact, he survived as many as six confident words over the past couple of weeks.So the least we can say that it's been a very long and very exhausting proce ...
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. ...