New French PM Attal Confronts Economic Crunch, Urged to Find €12B Savings by 2025
February 17, 2024Gabriel Attal has been appointed as the new French Prime Minister amidst significant economic challenges.
France's revenue is underperforming relative to projections, necessitating revisions to growth forecasts.
The government emphasizes budgetary rigor, mandating ministerial spending announcements to require finance ministry approval.
A savings target of twelve billion euros by 2025 has been set for the government.
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