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France faces budget challenges as it aims to cut deficit and reform pensions to attract investors.
France's Economy Minister, Eric Lombard, warns that crafting a 2026 budget will be challenging as the country aims to reduce its deficit to below 5.4% of GDP by 2025 and 3% by 2029, aligning with EU rules.
Political instability and the absence of a budget have hampered economic growth, with a 0.1% contraction in the fourth quarter and a predicted 0.1-0.2% rise in GDP for the first quarter.
Lombard hopes to reach consensus on key policies, including a planned pension reform that gradually raises the retirement age from 62 to 64, to attract investors back to France.
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Francia se enfrenta a desafíos presupuestarios, ya que pretende reducir el déficit y reformar las pensiones para atraer a los inversores.