French PM vows new government early October, no 'austerity' budget
Briefly

French PM vows new government early October, no 'austerity' budget
"French Prime Sebastien Lecornu vowed he would finally appoint a new government by the beginning of October, adding that it was "out of the question" that he would propose an austerity budget, in an interview published Friday. Lecornu was named by President Emmanuel Macron to stabilise a political crisis on September 9 as the seventh premier of his mandate."
"He said his budget would foresee a budget deficit of 4.7 percent of GDP -- as opposed the the 4.6 percent proposed by Bayrou -- with this coming in line with three percent by 2029 in keeping with eurozone rules. Lecornu said he was "starting from scratch" from the previous administration to take into account his consultations with unions and political forces."
Sebastien Lecornu was named by President Emmanuel Macron on September 9 to stabilise a political crisis as the seventh premier of the mandate. Lecornu vowed to appoint a new government before the parliamentary session begins on October 1 and kept consultations with unions and political forces. He ruled out preparing an austerity budget and social regression, proposing instead a 4.7 percent of GDP deficit that aims to reach 3 percent by 2029 in line with eurozone rules. The shape of the government remains unclear as he has not announced appointments.
Read at The Local France
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