The government’s push for a budget of spending cuts and tax increases is aimed at saving €60 billion and curbing a spiraling fiscal deficit amid market pressures.
Finance minister Antoine Armand emphasized the necessity of reducing the deficit to maintain France's financial credibility and ensure economic stability.
Prime Minister Michel Barnier acknowledges a debt crisis necessitating urgent action, while facing the need for concessions to appease opposition parties amid governmental threats.
Marine Le Pen's National Rally, essential for Barnier's survival against no-confidence motions, criticized the budget for its proposed pension delay and deemed it filled with injustices.
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