French Finance Minister Antoine Armand pledges a budget for 2025 that aligns with EU spending rules, aiming to reduce the deficit and public debt.
Facing criticism from Brussels for exceeding budget limits, France seeks to implement spending cuts and taxes in the upcoming national budget presentation.
Armand emphasizes the importance of adhering to EU regulations for international credibility and sets ambitious targets to reduce the deficit by 2029.
Furthermore, the minister plans to discuss France’s economic strategy with eurozone counterparts, showcasing the country’s policy priorities.