Elisabeth Borne Addresses Public Deficit Concerns in Senate Hearing
In a recent Senate hearing, former Prime Minister Elisabeth Borne acknowledged the alarming rise in France’s public deficit, projected to hit 6.1% of GDP in 2024, significantly higher than the 4.4% forecasted. Borne defended her actions in managing public finances, highlighting her commitment to major reforms like unemployment and pension systems. However, she pointed to delays in communication from Economic Minister Bruno Le Maire regarding the financial crisis, indicating that much of her focus was diverted to immigration law negotiations instead of budgeting issues.