Lemerre: The fiscal situation in France is ‘in the red’

“In red” is the fiscal situation in France, according to Economy Minister Bruno Lemerre.

In an interview with a French television station today, the minister said the government would take steps to reduce rent increases to a maximum of 3.5% and reduce energy costs in households, but said “there are and limits “on government spending.

“I want to say that not everything is possible,” Lemerre said, adding that “the extra 20 billion or 25 billion euros in fuel costs, as some political groups have suggested, are too expensive to make.” “We have to give up other things.”

“We have reached a level of public finance vigilance,” Lemmer said, adding that “as inflation rises, the debt burden also increases and it is my responsibility to return to a balanced public finances by 2027.”

In the same vein, the new chairman of the Republican caucus in the National Assembly, Olivier Marlex, said there was no question of co-governing with President Macron’s majority party, stressing that the French debt’s especially for the President of the Republic “who” has always shown flexibility in this matter “.

Source: ΑΠΕ-ΜΠΕ

Source: Capital

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