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France proposes €44 billion in spending cuts to tackle a growing financial crisis, sparking backlash.
France faces a growing financial crisis with high public debt and a rising budget deficit, prompting Prime Minister François Bayrou to propose a €44 billion spending cuts package.
Despite efforts to stabilize the economy, including tax changes and reforms, the plan has sparked backlash.
With a stagnant economy and recession fears, the situation could worsen, potentially impacting the stability of the EU's debt structure.
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Francia propone 44 mil millones de euros en recortes de gastos para hacer frente a una creciente crisis financiera, lo que ha provocado reacciones negativas.