Sep 17, 2026
France announces €54 billion spending cuts to reduce deficit ahead of 2027 election
French Prime Minister Sébastien Lecornu unveiled plans to cut public spending by €54 billion in the 2027 budget to control the country's spiraling fiscal deficit after missing targets in 2026. The announcement comes seven months before presidential elections and amid growing protests over high fuel prices, setting up a potential parliamentary battle that could threaten the government's stability.
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