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Macron's 2027 budget needs Le Pen's support to pass deficit cuts
Politico EU·FR·about 5 hours ago
France's 2027 budget, presented October 1, includes €43B in savings but the fiscal watchdog (HCFP) warns the deficit reduction to 5% depends more on new revenue (tax increases) than spending cuts. This signals a fiscal loosening bias and potential upward pressure on French yields.