[HIGHLIGHTS] Deficit: Bruno Le Maire “determined” to return below 3% in 2027 without a tax increase

Minister of the Economy, Bruno Le Maire, assured Tuesday of his “intact” and “total” determination to bring the French public deficit below 3% in 2027. An announcement even though INSEE announced that France's deficit amounted to 5.5% of GDP in 2023, far from the 4.9% hoped for by the executive.

“We can perfectly make savings on public spending without digging into the pockets of the French,” he said, noting that businesses also “pay taxes”