@FRANCE 24 English
How a budget deficit became a political crisis • FRANCE 24 English
Another prime minister gone in France. François Bayrou submitted his resignation Tuesday after losing a confidence vote in parliament. He gambled on a budget demanding over €40 billion in savings. The plan froze welfare, cut civil-service jobs, and scrapped two public holidays. President Emmanuel Macron named Sebastien Lecornu France’s new prime minister, a longtime ally, to pick up the mantle of trying to pass the budget through a divided parliament. So where does the country's economy stand now? Charles Pellegrin discusses this and more with Alexandra Rolet, associate professor of economics at INSEAD.
#france #budget #bayrou
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