French Budget 2027: Government Unveils €54 Billion Fiscal Recovery Plan
31 Articles
31 Articles
On Thursday, 1 October, the French government announced in the Council of Ministers its draft budget for 2027, showing its willingness to "rehabilitate" the country's public finances. Prime Minister Sébastien Lecornu plans 54 billion euros in savings. It will then be examined by the Parliament. Several measures, including the partial freeze on the revalorisation of pensions, promise lively debates.
Among other things, it is planned to increase the prices of sugary products with a tax to combat obesity.
dagelijksestandaard.nl
welingelichtekringen.nlPARIS (ANP/AFP) - The French government of Prime Minister Sébastien Lecornu hopes to save 43 billion euros to limit the budget deficit to 5 percent of gross domestic product (GDP) in 2027. Part of the plans includes an increase in VAT and income tax...
The government has announced a budget of €43 billion, with planned savings in various sectors, including health and social assistance. The budget does not provide for a freeze on income tax rates. To make €54 billion in savings, efforts will be needed. Among the new measures, a tax on certain sweet products and an increase in medical deductibles are envisaged. The surtax on large companies will be maintained. (Economy).
El Periódico
France once again tightens its belt. Sébastien Lecornu’s government presented on Thursday the draft budget of 2027 to the Council of Ministers, marked by corrective measures of 43 billion euros. The accounts seek to slightly reduce the public deficit to 5% of GDP after the expected increase by 2026, decrease the debt and boost purchasing power, among others. However, many consider that, in the face of high interest rates and the slow growth of t…
France's public finances, with a record level of debt and a deficit above the limits set by the European Union, are a central issue in the face of next year's presidential elections. In the document, the government proposes new measures worth 43 billion euros which, together with those taken in 2026, carry "the total adjustment" in 2027 to "54 billion euros", writes the government. The document that is officially presented this Thursday foresees…
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