• Login
Monday, April 6, 2026
Geneva Times
  • Home
  • Editorial
  • Switzerland
  • Europe
  • International
  • UN
  • Business
  • Sports
  • More
    • Article
    • Tamil
No Result
View All Result
  • Home
  • Editorial
  • Switzerland
  • Europe
  • International
  • UN
  • Business
  • Sports
  • More
    • Article
    • Tamil
No Result
View All Result
Geneva Times
No Result
View All Result
  • Home
  • Editorial
  • Switzerland
  • Europe
  • International
  • UN
  • Business
  • Sports
  • More
Home Europe

My €44 billion budget squeeze ‘is not austerity’ – POLITICO

GenevaTimes by GenevaTimes
August 28, 2025
in Europe
Reading Time: 2 mins read
0
My €44 billion budget squeeze ‘is not austerity’ – POLITICO
0
SHARES
0
VIEWS
Share on FacebookShare on Twitter


“We are living in a critical moment in our national history,” Bayrou said. “Our heritage, the landscapes we have inherited, and the cultural wealth of our country, are under threat. Every business and every family is threatened by the decline of our public finances.”

Bayrou on Monday announced he would hold a confidence vote on Sept. 8 to seek parliament’s approval to forge ahead with his slimmed down budget for next year. The spending plans are designed to rein in the budget deficit and assuage French creditors, financial institutions and ratings agencies concerned by the country’s unsustainable levels of public spending.

Opposition lawmakers, however, have already come out against the longtime centrist and said they would use the vote to bring down his government.

In the days that have followed, the prime minister has taken to the airwaves to convince voters directly of the need to balance France’s books and express an openness to negotiation — so long as his political opponents agree on the need for drastic action.

“These proposals [to cut public spending] are all open for discussion and can be amended, provided that they do not undermine the outcome of the necessary effort that needs to be made,” Bayrou said.

During his speech Bayrou hit back at his critics, saying “they have it all wrong” and are actually working against securing a prosperous economy for the next generation.



Read More

Previous Post

Gaza death and destruction ‘without parallel in recent times’: Guterres

Next Post

Swiss regulator rejects PostFinance too-big-to-fail plans

Next Post
Swiss regulator rejects PostFinance too-big-to-fail plans

Swiss regulator rejects PostFinance too-big-to-fail plans

ADVERTISEMENT
Facebook Twitter Instagram Youtube LinkedIn

Explore the Geneva Times

  • About us
  • Contact us

Contact us:

editor@thegenevatimes.ch

Visit us

© 2023 -2024 Geneva Times| Desgined & Developed by Immanuel Kolwin

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Editorial
  • Switzerland
  • Europe
  • International
  • UN
  • Business
  • Sports
  • More
    • Article
    • Tamil

© 2023 -2024 Geneva Times| Desgined & Developed by Immanuel Kolwin