Economic and Fiscal Policies
Prime Minister highlighted 's "colossal" debt as a central challenge, proposing spending cuts and new taxes on the wealthy and profitable companies to reduce the deficit.
Barnier aims to decrease France's deficit from over 6% of GDP to 5% next year and under 3% by 2029, emphasizing the need for efficient spending and combating tax evasion.
Political Challenges and Responses
Barnier's speech was met with significant opposition, particularly from left-wing and far-right parties, amid threats of no-confidence motions. His government, lacking a parliamentary majority, faces a tough path forward.
Despite the political turmoil, Barnier called for collaboration across party lines, stressing the importance of compromise and dialogue to address France's pressing issues, including debt, immigration, and ecological concerns.