22-October-2025
Economy News
 
France Gets Only Brief Reprieve From Budget Pressure
21-Oct-2025

Financial markets cheered last week's defeat of no-confidence votes in the French government but any reprieve in weeks of political chaos will be short-lived unless budget talks starting on Monday find the savings needed to cut the country's deficit. A deal to suspend implementation of President Emmanuel Macron's controversial hike to the state retirement age allowed his government to live another day. But it made the task of putting the country's finances on a stable footing more difficult.

News Source:- https://money.usnews.com/investing/news/articles/2025-10-20/france-gets-only-brief-reprieve-from-budget-pressure