France Risks Deficit Blowout Without Budget Before Elections
11 Articles
11 Articles
The General Inspectorate of Finance warns about the consequences of an extended special law on the budget in France, which could last for almost a year due to the elections of 2027. This situation would risk...
France Risks Deficit Blowout Without Budget Before Elections
France’s fiscal deficit would widen by at least 0.5% of economic output if political divisions prevent the adoption of a 2027 budget before presidential elections, the state’s finance auditing body cautioned.
A report by the General Inspectorate of Finance published this Thursday warns that in the event of a non-voted 2027 budget, a special law would cost at least EUR 15 billion France would be exposed
France would be exposed to "major risks" in the event of recourse to the special law, which fails to agree on the 2027 budget, renewed that of the previous year, and if this situation continues with...
On Thursday, 20 August, the General Inspectorate of Finance (IGF) published the report that the government had asked of it on the consequences of a prolonged application in 2027 of a special finance act, a document that the executive should largely mobilize to try to convince Parliament to adopt a budget.
DECRYPTAGE - The office of the Minister of Public Accounts presented an alarming report this Thursday, while the next budget seems to be already deadlocked.
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