French PM Lecornu aims to trim one-off tax on large firms to €5bn, sees 2027 budget effort of about €54bn

French Prime Minister Sébastien Lecornu aims to trim the one-off tax on large firms to €5bn, and sees a budgetary effort of around €54bn for 2027, Le Figaro reports. He said the 2027 budget deficit would exceed 6.5% of GDP without corrective measures, and that higher interest rates will cost an additional €10bn in debt servicing.

Detected & updated continuously · Source: Nebula