France presents belt-tightening 2027 budget with spending cuts

Summarised from 2 outlets · 4 reports · Updated 1 Oct, 17:18 · Archive

France presented its 2027 budget on Thursday, seeking savings of €43 billion through frozen public sector wages, pension restrictions and new taxes.

France presented its 2027 budget on Thursday, seeking 43 billion euros in savings to reduce the deficit to 5 per cent of GDP. The measures include freezing public sector wages, restricting most pensions and introducing new taxes. Local governments face 5.4 billion euros in cuts to their funding. The budget faces a difficult passage through France's divided parliament.

How it is being reported

• Macron’s final budget hinges on Le Pen’s backing … for nowPolitico Europe · 1 Oct, 15:24
• France demands belt-tightening in 2027 budget as investors sour on its debtFrance 24 · 1 Oct, 14:42
• France’s 2027 budget plan puts pressure on local servicesFrance 24 · 1 Oct, 14:42
• French PM to present belt-tightening 2027 budget, including frozen wages and new taxesFrance 24 · 1 Oct, 10:20

In this story: Sébastien Lecornu · France

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