French Premier Says Deficit Must Fall Below 5% GDP in 2026

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French Prime Minister Sebastien Lecornu has set a target for the budget deficit to fall below 5% of GDP by 2026, allowing for potential negotiations on the government's initial budget draft.

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French Prime Minister Sebastien Lecornu said the budget deficit must fall below 5% of economic output next year, leaving room for parliament to negotiate changes to the government’s initial draft.

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Original article published by Bloomberg on October 24, 2025.
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