France’s budgetary situation is ‘very serious’, new PM Barnier says

France has a “very serious” budgetary deficit, Prime Minister Michael Barnier said, weeks after France was placed on a formal procedure for violating European Union budgetary rules. Barnier, who was appointed to lead the French government on September 6 after months of political deadlock, has previously suggested tax rises to help stabilise finances.

Leave a Reply

Your email address will not be published. Required fields are marked *