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“There will be no new tax increases,” says the Minister of the Economy, who is aiming for “50 billion savings”

“There will be no new tax increases,” says the Minister of the Economy, who is aiming for “50 billion savings”
“There will be no new tax increases,” says the Minister of the Economy, who is aiming for “50 billion savings”

We have relaxed the subject a little, we are more around 50 billion euros“, assured the Minister of Economy and Finance Éric Lombard, guest Monday January 6 on Inter. The government of Michel Barnier, censored in December, was instead counting on 60 billion in efforts for the year 2025.

It will essentially be savings, there will be no new tax increases compared to those that have already been announced.“, he added.

A few moments earlier, Éric Lombard had indicated that he was targeting a public deficit between 5% and 5.5% of GDP in 2025. “We must protect growth“, explains the boss of Bercy. “It is important that this budget is voted on, for that, we must dialogue“, affirmed Éric Lombard who is receiving political forces in Bercy from this Monday to prepare the 2025 budget.

The minister said he hoped “reach an agreement or at least, a non-censorship agreement so that as soon as possible, our country has a budget”.

“My challenge is that the budget is voted so that French people benefit from public services which are not a minimum service”he insisted. “It is important that this budget is voted on, for that, we must have a dialogue”he added. “There are possible convergences with the Socialist Party but also with the Communist Party and the Greens”said Eric Lombard. “I think, as the week begins, that there is more prospect of a fruitful dialogue with the left-wing parties than with the National Rally”despite LFI's refusal to communicate with him, he said.

“I am for social justice, checking that everyone pays their fair share of tax. Not taxing the very rich more but ensuring that their level of taxes is consistent with that paid by other French people”he continued, adding that he would not align himself “not necessarily” on the red lines set by the leader of the RN, Marine Le Pen.

If the one who headed the Caisse des Dépôts before his arrival at Bercy in December stressed that France's budgetary situation “was serious”he set a goal “around 50 billion euros” savings, less than the 60 billion that the Barnier government was aiming for. “It will essentially be savings. There will be no new tax increases compared to those that have already been announced”specified Eric Lombard.

Finally, the Livret A rate will drop “around 2.5%”specified Eric Lombard.

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