Posted By: The Corner
2nd October 2024
Norbolsa | Leaks continue about the possible fiscal plan to be presented by Prime Minister Barnier. According to Le Parisien, next week he will present a €15-18 billion fiscal consolidation plan, while announcing a two-year delay until 2029 to reach the 3% deficit targets. These plans include extraordinary taxes for high incomes with which it hopes to raise €3 billion, and a further €8 billion to be raised from extra taxes on companies valued at more than €8 billion.
France is under pressure to regain control of its public finances after recording a deficit of 5.5% in 2023 and, last week, announcing that this year it could have expanded by more than 6%.
Source link : https://thecorner.eu/news-europe/france-to-present-fiscal-consolidation-plan-of-e15-18-billion-and-postpone-reaching-3-deficit-targets-until-2029/116843/
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Publish date : 2024-10-02 11:12:08
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