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Prime Minister Sébastien Lecornu announced on Thursday night a 2027 budget with €54 billion in savings. But with the presidential election in seven months and an explosive social context, difficult to imagine oppositions take the risk of disappointing their voters by letting such cuts pass. The budget battle promises to look like a lying poker game.
In France, discussions on the 2027 budget take place. The government is announcing "54 billion efforts on spending that will bring the public deficit to 5% next year," he added, after Prime Minister Sébastien Lecornu announced this. This deficit target "is ambitious, but of course it is achievable. We will all have to make efforts," said Roland Lescure, Minister of Economy.
Prime Minister Sébastien Lecornu said on Thursday that France will cut public spending by €54 billion next year to reduce the country's deficit. The announcement comes seven months ahead of the country's presidential election, and the government is wary of a new wave of demonstrations with a jump in global oil prices sparking concerns over the rising cost of living.
