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New French PM Attal Confronts Economic Crunch, Urged to Find €12B Savings by 2025

February 17, 2024
New French PM Attal Confronts Economic Crunch, Urged to Find €12B Savings by 2025
  • Gabriel 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.

Summary based on 1 source


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