Senate Scrutiny: Former Finance Ministers Address Rising Public Deficit in France
Former Prime Minister Gabriel Attal will testify before the Senate Finance Committee on November 8 regarding the increasing public deficit. This follows hearings with former Economy Minister Bruno Le Maire, who attributed the deficit rise to a significant technical error rather than deceit. The expected public deficit for 2024 has surged to 6.1%, up from the previously estimated 4.4%. Le Maire’s successor, Antoine Armand, emphasized a collective responsibility to address financial challenges instead of assigning individual blame. Debates on the budget law continue in the Assembly ahead of a crucial vote next week.