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French tax hikes fail to curb debt, which hits 119% of GDP
La TribuneLO·FR·about 8 hours ago
The French government is reportedly considering a €600 million reduction to the back-to-school allowance (ARS) as part of the 2027 budget, framed as a 'refocusing' of the benefit. The measure would primarily affect modest-income families, reviving concerns about social-policy retrenchment. The proposal is at an early stage and subject to political negotiation.
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