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France Abandons Plan to Narrow 2026 Deficit as Economy Stumbles

Summary by luxtimes.lu
France deficit to exceed 5% of GDP after economy flatlines, says French finance minister

26 Articles

Lean Right

The French Minister of Economy and Finance, Roland Lesqueur, announced a double decline in the country's growth forecast in 2026 against the backdrop of climate problems and political uncertainty. The French Ministry of Economy and Finance revised the GDP growth forecast for 2026 from 1% to 0.5%. According to Roland Lescur, this significant change is due to a number of factors, including anomalous heat and political instability, transmitting RIA…

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French officials have sounded the alarm about the state of the French economy, while the country is being tested amid geopolitical uncertainty. The warning was issued by French officials, including Economy Minister Roland Leskier, who announced that economic growth will be anemic in 2026 (0.5%) and former Commissioner and Minister Pierre Moscovici, who however clarified that "France will not become Greece". Leskier, during a press conference he …

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Center

According to the government's forecasts, growth will be twice as low as originally envisaged in 2026. The Minister of the Economy expects 0.5%, with a deficit of more than 5%. Inflation, on the other hand, rebounds and is expected to continue in 2027. - "An air hole specific to the French economy": the government lowers its growth forecast to 0.5% in 2026 (Economy).

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Lean Left

Bercy also lowers its growth forecast for 2026 to 0.5% and forecasts inflation at 2.1%.

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On Friday, 11 September, the government revised its growth forecasts to a small 0.5% by 2026. While most of its neighbours are seeing their economies return, France, which has become one of the least dynamic countries in the euro area, is sinking into turmoil.

·Paris, France
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France's economy will increase by only 0.5% in 2026, under the previous estimate of 0.7%, and the Government will not be able to reduce the budget deficit to 5% of GDP, said Finance Minister Roland Lescure on Friday. The official maintained the 1% growth forecast for next year. The revision of estimates complicates the adoption of the budget for [...] Article France reduces the economic forecast and announces that the deficit target for 2026 can…

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L'Opinion broke the news on Thursday, September 10, 2026.
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