Navigating France's Fiscal Challenges

This chapter explores France's approach to its significant public debt, detailing a €44 billion plan aimed at reducing the deficit through spending cuts and increased revenue. It highlights the political complexities involved in garnering support from various factions while addressing concerns about investor confidence and EU economic stability. The chapter also discusses the implications of proposed austerity measures on welfare and pensions, alongside the contentious topic of interest rate decisions amidst economic uncertainty.