France has a new government. Now it must fix the budget while avoiding collapse
French President Emmanuel Macron’s office announced a new government Monday, after the previous Cabinet collapsed in a historic vote prompted by fighting over the country's budget. The government, put together by newly named Prime Minister Francois Bayrou,
France unveils fresh government with budget battle looming
France unveiled a new government on Monday composed of former ministers and senior civil servants that Prime Minister Francois Bayrou will hope can oversee the passage of a 2025 budget and prevent a deepening of the country's crisis.
France’s New Government Wants to Try Again
Despite the conventionally accepted definition for such behavior, France’s new premier Francois Bayrou vowed to sharply narrow the nation’s deficit to close to 5% of GDP, threatening a repeat of the standoff which toppled the last government.
France's New Government: A Balancing Act for the 2025 Budget
France has formed a new government under Prime Minister Francois Bayrou, with former ministers and senior civil servants, aiming to pass a 2025 budget and avoid further crisis. Key appointments include Eric Lombard as finance minister and Élisabeth Borne as education minister,
France unveils new government with budget battle looming
Eric Lombard, 66, the head of Caisse des Depots, the investment arm of the French government, became finance minister
France’s Senate Adopts Stopgap Budget Bill for 2025
The French Senate adopted a stopgap budget bill to enable the government to keep functioning from January until the country ...
France has a new government, again. Politics and crushing debt complicate next steps
France’s president and prime minister managed to form a new government just in time for the holidays. Crushing debt, ...
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France's new economy, budget ministers get to work on budget for 2025
A budget also sets income and corporate tax rates for the year, and addresses a public deficit that France has promised its European partners it would reign in. The Moody’s rating agency has ...