France: financial efforts of 43.8 billion euros – announcements of Francois -Bayu

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On Tuesday, the Prime Minister France Francois Bair presented the general lines of the budget restoration plan, which he believes “vital” To avoid uncontrolled debt.

The goal is to achieve savings 43.8 billion euros Since 2026.

One of the key measures is “Empty year”that is, Freezing in 2026 on tax proportions, benefits for social security and pensions At the level of 2025.

The goal is to limit the inflation of expenses without increasing taxes. “This is a measured attempt, but the general and necessary”, Francois Bayru said.

The Prime Minister will also deal with public administration. By 2026, 3,000 jobs can be lost. In addition, every third civil servant who has retired will not be replaced.

Another measure presented is Delete two holidays Time (France has 11).

Francois Bair set a goal May 8 and Easter MondayThe field in his opinion, this would increase productivity without increasing taxes or VAT.

Prime Minister -Minister also spoke about the institution extraordinary collection of solidarity For the richest taxpayers. It remains to see what the income threshold will be and if the measure is constant or temporary.

He also promised the struggle with some Tax niches.

Francois Bair defended these measures, warning that the financial situation was “Very close to the marginal point”, At a time when the country’s debt exceeded 3300 billion euros. (113% of GDP).

Protection “escaped”

Following the recommendations of French President Emmanuel Macron and citing a tense situation in Ukraine and the Indo-Pacific region, the Prime Minister finally announced that the national defense would not be saved.

On the contrary, 3.5 billion euros will be included in the budget for 2026, and in 2027 an additional 3 billion euros in 2027.

Now we are waiting for the reaction of the political order and, in particular, the opposition, which threatened the government with the budget accusation in the fall.

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