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    Home»Economy»Budget awkwardness reduces each person in France
    Economy

    Budget awkwardness reduces each person in France

    September 10, 20252 Mins Read
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    Budget awkwardness reduces each person in France

    Governments have difficulty preparing the budget due to the increasing debt burden in France. France ranked third after Greece and Italy with 116 percent of EU members.

    The second largest economy of the European Union is struggling with public debt and high budget deficit, while the deep political crisis. The public debt ratio compared to GDP has increased to 116 % and is the third EU debtor after Greece and Italy. This picture makes it impossible to agree with the budget and shorten the life of governments.

    Finally, the government of the Prime Minister François Bayrou fell into the National Assembly due to the 2026 budget. The budget bill, including saving about 43 billion euros, was described by the opposition as a tied waist policy. 364 delegates opposed the government in the vote. Therefore, the Bayrou government was in the office for only 9 months.

    President Emmanuel Macron witnessed the collapse of the four Prime Ministers, Elisabeth Borne, Gabriel Attal, Michel Barnier and Bayrou since the election victory in 2022. The assembly is divided into the left, right and central blocks.

    There are three possibilities before Macron: Assigning a new Prime Minister, early election or resignation. However, analysts emphasize which options are unclear and French political instability will not end in the near future.

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