Business · Economy · 1 day ago

France faces pressure over debt as lawmakers prepare to debate 2027 budget

France faces pressure over debt as lawmakers prepare to debate 2027 budget

France is facing pressure from financial markets and investors as its public debt and budget deficits grow and interest rates rise.

Social and student protests are also adding demands for public funding.

Prime Minister Sébastien Lecornu’s 2027 budget plan includes spending cuts, but lawmakers on the National Assembly’s Finance Committee have already rejected its main savings measures.

The full National Assembly is due to begin debating the budget on 13 October.

The disagreement raises questions about how France can control its finances while responding to demands for funding.

The debate could affect public spending and the country’s financial position.

The sources do not say what lawmakers will decide next.

Sources

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