French Premier Says Deficit Must Fall Below 5% GDP in 2026

BloombergFriday, October 24, 2025 at 1:32:59 PM
French Premier Says Deficit Must Fall Below 5% GDP in 2026
French Prime Minister Sebastien Lecornu has announced that the budget deficit needs to drop below 5% of GDP by 2026. This is significant as it opens the door for parliamentary negotiations on the government's initial budget draft, potentially leading to more balanced fiscal policies that could benefit the economy.
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