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France needs to save €40 billion to meet a 2026 budget deficit target of 4.6% of GDP.
France's Finance Minister, Eric Lombard, announced that to meet the 2026 budget deficit target of 4.6% of GDP, the country needs to save €40 billion.
This fiscal goal is part of a plan to gradually reduce the deficit, aiming to meet EU rules and bring the deficit to 3% by 2029.
The announcement comes as France's 2025 economic growth forecast has been lowered to 0.7%, partly due to global trade uncertainties.
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Francia necesita ahorrar 40 000 millones de euros para alcanzar un objetivo de déficit presupuestario de 2026 del 4,6 % del PIB.