France slashes spending, risks unrest

PM Sébastien Lecornu announced France would cut €54 billion in spending next year to reduce its budget deficit, and analysts warned it could spark social unrest and higher market risk.

NRC

France's government plans 54 billion euro cuts to reduce deficit

The French government plans to cut 54 billion euros next year to reduce the high budget deficit. This was announced on Thursday by Prime Minister Sébastien Lecornu.

Reposts 2 21h

Le Monde

Delphine Ernotte-Cunci, president of France Télévisions: "I am sounding the alarm on safeguarding our cultural model"

During an interview with Le Monde, the head of the public broadcaster reveals a 47 million euro cut in state funding in 2027, and says the company's budget will be slashed by 90 million due to the decline in advertising and the absence of new property sales. She sees this as a threat to financing French cultural creation.

Reposts 4 1d

Neue Zürcher Zeitung

"Burn the debt", "Pension at 62": France's populists push appealing promises despite financial strain

More than 3.5 trillion euros in debt and rising interest costs are putting France under pressure. Prime Minister Sébastien Lecornu is tightening his austerity drive as a result. Yet the Left and the Right promise voters the moon.

Reposts 2 1d

Handelsblatt

Budget deficit: protests, debt, nerves: France becomes a risk in the financial markets

In France, fear of social unrest is growing. At the same time, pressure from the financial markets is rising: investors are demanding higher risk premia. The government's room to maneuver is shrinking.

Reposts 0 1d

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News, ranked by scholars

France slashes spending, risks unrest

France's government plans 54 billion euro cuts to reduce deficit

Delphine Ernotte-Cunci, president of France Télévisions: "I am sounding the alarm on safeguarding our cultural model"

"Burn the debt", "Pension at 62": France's populists push appealing promises despite financial strain

Budget deficit: protests, debt, nerves: France becomes a risk in the financial markets

Add to Home Screen

News, ranked by scholars

France slashes spending, risks unrest

France's government plans 54 billion euro cuts to reduce deficit

Delphine Ernotte-Cunci, president of France Télévisions: "I am sounding the alarm on safeguarding our cultural model"

"Burn the debt", "Pension at 62": France's populists push appealing promises despite financial strain

Budget deficit: protests, debt, nerves: France becomes a risk in the financial markets

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