French PM vows more taxes and spending cuts to reduce 'colossal' debt

Prime Minister Michel Barnier pledged new taxes and  public spending cuts to reduce a “colossal” debt, in a policy address to the  French parliament. France’s debt reached more than 110 percent of GDP in the second quarter of 2024.

Source

(Except for the headline, this story has not been edited by PostX News and is published from a syndicated feed.)