David Amiel: Public Finances in France are Like a Powder Keg

French Budget Minister David Amiel described the state of public finances as a 'powder keg' and urged not to postpone decisions regarding public spending cuts until after the presidential elections scheduled for next year. In an interview with the British newspaper 'Financial Times', David Amiel stated that reducing public spending is the top priority and that France should not delay tough decisions related to public spending cuts until after the presidential elections next year, adding that he is currently preparing the budget for 2027 to present it to Parliament next fall, and he considered that the state of the country's public finances resembles a 'powder keg'. Amiel stated that the government does not want to shift the responsibility for addressing the crises...