AA / Tunis / Salim Boussaïd
French President Emmanuel Macron said he was in favor, on Wednesday, of “exceptional” taxation of businesses, provided that it was “limited”.
Macron was speaking from Berlin, where he is making a one-day official visit, on the occasion of the “Berlin Global Dialogue”.
For the French president, the solution to straightening out public finances must be neither “a short-term adjustment by cutting social spending”, nor over-taxation “because we do not have much room for fiscal maneuver”, he said. -he explained.
An “exceptional corporate tax” could be “understood by large companies” but it had to be “limited,” he said.
These comments from Macron come the day after the general policy declaration of the new Prime Minister Michel Barnier.
Before the National Assembly, Barnier announced, Tuesday October 1, savings of 60 billion euros, including 40 billion in spending and 20 billion in revenue, in order to reduce the public deficit to 5.2% in 2025, compared to 6.1 in 2024 (estimate), an objective which will be presented and debated in the Council of Ministers on October 10.
As a reminder, the budget deficit is the subject of a major debate in France which must comply with European Union standards setting the deficit at 3% of GDP and/or debt at 60%.
Last July, the European Union (EU) opened an excessive deficit procedure against France and six other member countries, namely Italy, Belgium, Hungary, Poland, Slovakia, Romania and Malta.
Last March, the French Ministry of the Economy announced savings of around 10 billion euros, to which all ministries should contribute, but the Court of Auditors estimated that it would be necessary to provide “50 billion economies between 2025 and 2027” to hope to achieve the objective of reducing the public deficit to 3% set for the end of Emmanuel Macron’s mandate at the Elysée.
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