The new French government, led by Minister of Economy Éric Lombard, aims to implement €50 billion in budget cuts and consider new taxes on corporate profits and airline tickets. The efforts are intended to address a public deficit expected between…
Newly appointed French Minister of Economy Éric Lombard is reaching out to the left by promoting tax justice. During consultations on the budget, Lombard announced no income tax increases for middle classes this year, while proposing a special contribution from…
French Finance Minister Éric Lombard has described the country’s budget situation as ‘serious’, aiming for a budget deficit of 5% to 5.5% of GDP in 2025. He stated that the deficit is likely to reach around 6.1% in 2024. Lombard…
Éric Lombard, the French Minister of Economy and Finance, expressed the need for a non-censorship agreement to finalize the country’s budget swiftly. Aiming for a budget with efforts around 50 billion euros, Lombard emphasized that there would be no new…
The new Minister of Economy, Éric Lombard, begins discussions on the 2025 budget with political representatives, following the abrupt end to budget preparations under former Prime Minister Michel Barnier’s government. While Lombard, a seasoned banker with ties to the Socialist…
François Bayrou’s new government is poised to tackle significant economic issues as it assumes office just before Christmas. Newly appointed Minister of Economy, Éric Lombard, emphasizes the urgent need to address the country’s high public debt, currently at 113.9%. The…
On December 24, François Bayrou’s new government ministers will take their positions, outlining their roadmap. Bayrou emphasizes confidence in his team amid criticism from opposition parties. Key figures include former Prime Ministers Élisabeth Borne and Manuel Valls. Concerns over France’s…
