On Monday 29 April, France’s Budget Minister, Thomas Cazenave, confirmed the new budget path that the French government has set itself to bring the public deficit down to 2.9% of national GDP by 2027, the year of the next presidential elections, thus maintaining a previous commitment, despite a less favourable economic climate.
“To achieve this objective, we are readjusting our trajectory with a credible first step that takes into account the dual effect of the 2023 budget and the...