The new French Prime Minister’s goal is to reduce the deficit rate to a level close to 5% by 2025

On December 24th, French Prime Minister Francois Bayrou stated that his goal is to reach an agreement with parliament on the 2025 budget, reducing the deficit rate to a level close to 5%. Bayrou stated that any budget agreement needs to be balanced and cannot be targeted solely at businesses. He confirmed that his goal is to complete the budget plan before mid February.

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