At the Congress of French Departments in Angers, Prime Minister Michel Barnier pledged significant budget relief to local officials facing financial pressures that threaten social services. While specific figures were not disclosed, Barnier indicated that forthcoming discussions in the Senate…
In response to rising tensions among departments, French Prime Minister Michel Barnier announced significant reductions in budget demands during the Départements de France conference in Angers. The government is open to adjustments on the €5 billion savings expected from local…
Maud Bregeon, the French government spokesperson, indicated on November 15 that the required budget effort for local departments might decrease if additional spending cuts are identified. This announcement comes as right and center departments threaten to halt RSA payments starting…
French departments governed by right-wing and centrist officials announced plans to suspend the active solidarity revenue (RSA) and cease support for unaccompanied minors if the government proceeds with budget cuts in 2025. Nicolas Lacroix, president of the conservative group within…
In a historic move, the French National Assembly rejected the ‘revenue’ section of the 2025 budget law on November 12, with only 192 votes in favor from the Nouveau Front populaire coalition. A total of 362 members voted against the…
France is set to increase retirees’ pensions by half of inflation starting January 2025, costing between €500 million and €800 million, according to Budget Minister Laurent Saint-Martin. This decision comes after a compromise with the opposition. As the National Assembly…
Former French Minister of Economy Bruno Le Maire faced a Senate Finance Committee for three hours, defending his handling of the country’s budget during his tenure. He denied allegations of wrongdoing regarding the significant budget deficit projected to reach 6.1%…
