With debt at 112% of GDP and political divisions over austerity measures, France’s fiscal troubles test the EU’s stability ...
Officials from France and Germany conceded Wednesday that Europe will need to spend more on its own defenses now that ...
France’s new government has unveiled its 2025 belt-tightening budget bill, with plans for major ... Earlier this year, the EU’s executive arm placed it under a formal procedure for countries ...
Pressure to display fiscal discipline is no less high than pressure to spend more on security and economic innovation ...
France’s government confirmed it expects the budget deficit to rise to 6.1% of economic output in 2024 as it canceled some ...
This year’s budget deficit is expected to reach 6.1% of GDP. France is under pressure from the European Union’s executive body to reduce its debt. Earlier this year, the EU’s executive arm ...
The number of days of absenteeism in the public sector has risen from 43 million in 2014 to 77 million in 2022. Read more at ...
In budget forecasts last month ... The situation in Paris is the opposite. As in other EU countries, France’s public spending skyrocketed during the pandemic. But the government was reluctant to take ...
Prime Minister Michel Barnier on Thursday, when France introduced a tough austerity budget to mend the country ... social and policy developments around Europe. More about Liz Alderman ...
France is grappling ... the U.K. and other parts of Europe. The French government warned that 3,000 public sector jobs will ...