Public deficit: “France is not bankrupt”, tempers Pierre Moscovici. “There are efforts to be made” The government has drawn up a deficit trajectory “until 2027, which must take us below 3% of GDP” The official figure for France's deficit in 2023, published by INSEE, must be revealed on Tuesday morning.

The government is seeking to generate 20 billion additional savings in 2025, this time by having local authorities and social security administrations contribute to the effort.