The Nouveau Front Populaire coalition, formed by France’s left-wing parties, plans significant policy changes upon forming a government. These include repealing President Emmanuel Macron’s pension reform, increasing civil servant salaries, and raising the minimum wage. Further legislation on education, health, environment, and housing is also proposed.
The coalition aims to implement €100 billion in additional public spending by 2025 and €150 billion by 2027, primarily to improve household budgets. To fund these initiatives, a €150 billion tax revenue plan will target high incomes and large corporations.
Economists have differing views on the effectiveness of these policies, with predictions ranging from a positive stimulus to potential challenges. The flagship measures, including lowering the retirement age, are central to the debate and may shape future alliances.
Subscribers only
What is happening in French Parliament this week?
[ad_2]
Source link
