Bruno Le Maire, former French Minister of Economy and Finance, testified before the National Assembly’s Finance Committee. He criticized the government’s handling of public finances, emphasizing the need for compromise and stability while rejecting sole responsibility for budgetary issues. The…
France’s public finances have come under scrutiny as estimates suggest a budget deficit may rise from 4.4% to 6.1% of GDP for 2024. An investigation by franceinfo identifies six primary ‘suspects’ in this financial downturn: President Emmanuel Macron, former Minister…
The French Senate has adopted a controversial measure requiring all workers to contribute an additional seven hours of unpaid labor annually to support Social Security, aimed at generating €2.5 billion each year. Critics, including former leftist MP François Ruffin, argue…
A recent Senate report in France blames former leaders from various governments for the country’s increasing budget deficit, projected to reach 6.1% of GDP by 2024. The report criticizes previous administrations for their inaction and delayed response to the deteriorating…
French mayors are gathering in Paris for their 106th congress, dubbed the ‘Congress of Anger’, amidst rising tensions with the government over budget cuts. The mayors express a profound lack of trust towards the state, exacerbated by cuts proposed by…
Former French Minister of Economy Bruno Le Maire faced a Senate Finance Committee for three hours, defending his handling of the country’s budget during his tenure. He denied allegations of wrongdoing regarding the significant budget deficit projected to reach 6.1%…
