A month into 2025, France has a dramatic deficit and no budget. Experts say Prime Minister François Bayrou's efforts to win support from the left and right could backfire, leading to the downfall of yet another government.
French Budget Talks Enter Crunch Phase
France's beleaguered economy was given a boost by the Olympics Games in Paris last summer but political upheaval has ensued since then.
France finds itself in a challenging economic and political situation that raises alarms for the rest of Europe. With GDP growth forecast at just 0.6% for 2025 and a budget deficit projected to reach 6.
On Thursday, France’s Parti Socialiste refused to back a motion of ... no-confidence vote that sunk the short-lived government of Bayrou’s predecessor, Michel Barnier. Largely symbolic, this week’s series of events in the National Assembly ...
France’s plans to bring its swollen budget under control by 2029 won support from EU counterparts on Tuesday. But Prime Minister François Bayrou still has a tightrope to walk to avoid the fate of his predecessor Michel Barnier, who was forced to quit in ...
The EU supports French Prime Minister Francois Bayrou's revised plan to cut the budget deficit below 3% of GDP by 2029. The updated plan is approved, adhering to the EU's requirements, and was designed after the previous proposal by Michel Barnier was rejected by the French Parliament.
France entered the new year for the first time in its modern history without a proper budget after lawmakers ousted Prime Minister Michel Barnier in opposition to his plans to bring down the country's massive budget deficit, which came in at 6.2 percent of ...
The no-confidence vote in Michel Barnier that has toppled his minority ... been exacerbated by the lack of a culture of political compromise in France. Despite various attempts, Barnier was unable to spur rivalling parties to shift position – nor even ...
Bernard Arnault, the billionaire boss of the world's biggest luxury conglomerate LVMH, has picked a fight with the French government by suggesting that companies could flee France for the United States to escape a planned tax hike.
Bernard Arnault, the billionaire boss of the world's biggest luxury conglomerate LVMH, has picked a fight with the French government by suggesting that companies could flee France for the United States to escape a planned tax hike,
Even if the joint parliamentary committee finds a compromise, there is no guarantee the budget bill will be adopted by the lower house next week. View on euronews