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’s financial situation is “very worrying”, says the Minister of the Economy

“We must restore confidence in economic players, in my European counterparts.” Guest on BFMTV, Sunday October 13, the Minister of the Economy affirmed that ’s financial situation was “very worrying”. “If we do not reduce our deficit, we will head towards crisis, we will head towards austerity”warned Antoine Armand. “When I go to Brussels to discuss with my European counterparts, I have in front of me personalities from countries which have implemented austerity, real austerity”continued the tenant of Bercy. To avoid getting to that point and “priority is to reach 5% deficit by 2025”he pleaded. Follow our live stream.

Eric Coquerel requests a commission of inquiry. The deputy for La France insoumise, who chairs the finance committee, declared that he wanted to transform it into a commission of inquiry into budgetary slippage. A rare operation, for which the rebellious elected official “hope” receive the support of the President of the National Assembly, Yaël Braun-Pivet. “I don’t see why she wouldn’t follow.”he declared.

The government will not increase gas taxes. While Minister Agnès Pannier-Runacher had expressed this possibility, government spokesperson Maud Brégeon assured that“there will be no increase in gas taxes”. This tax “doubled at the beginning of last year, it has already increased”she argued on BFMTV, evoking a “arbitrage” of Prime Minister Michel Barnier on this issue.

François Bayrou tackles his Macronist allies. He is “singular” that voices within the Macronist camp criticize the government’s draft budget while it is being developed “to correct” the results of the ex-majority, estimated the president of MoDem, Saturday October 12, in an interview with Sunday newspaper.

More than 24,000 households will pay more taxes. Some 24,300 households will be affected by the tax increase “targeted, temporary and exceptional” on high incomes provided for in the 2025 finance bill, the Ministry of the Economy and Finance assured franceinfo.

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