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French Prime Minister Presents Belt-Tightening 2027 Budget With Frozen Wages and New Taxes

France’s prime minister has presented a belt-tightening 2027 budget featuring frozen wages and new taxes to reduce the deficit further.

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French Prime Minister Presents Belt-Tightening 2027 Budget With Frozen Wages and New Taxes

France’s prime minister has presented a belt-tightening budget for 2027 that includes frozen public-sector wages and new taxes aimed at reducing the deficit. The plan is expected to face resistance from unions, opposition parties, and households concerned about higher costs. Government officials argue that spending restraint and additional revenue are necessary to restore fiscal stability. Lawmakers will debate the proposals in the coming months, with negotiations likely to determine whether the measures survive largely intact or require significant changes ahead.

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