France's 2026 Budget Plan: €30 Billion Fiscal Tightening Through Taxes and Spending Cuts

Oct 20, 2025 07:47 pm CST

French Prime Minister Sebastien Lecornu presents a comprehensive 2026 budget proposal aimed at strengthening public finances by €30 billion through a combination of spending cuts and new taxes. The plan faces challenges in a divided parliament and includes significant measures targeting wealth, high earners, and corporations while suspending President Macron's controversial pension reform.