Too optimistic, the government must correct an already obsolete 2024 budget. Regardless of the vehicle used, the executive must find billions in savings.
Politically, this will have to involve announcements of cuts which very rarely win points in public opinion. “The file is locked. To communicate on this is to risk finding yourself with Matignon and Bercy on your back,” murmurs an insider. The European Commission downgraded its growth forecast for France in 2024 from 1.2% to 0.9%.