France prepares 2025 budget amid calls for tax reforms and spending cuts

The French economy is expected to remain stable in the fourth quarter of the year, with the national statistics institute revising its earlier forecast.

Growth Forecast for 2024

The growth forecast for 2024 has been kept steady.

Third Quarter Growth

The third quarter is expected to see growth, although the anticipated positive impact from the Olympic Games has been adjusted downwards.

Concerns over Public Deficit

Concerns have been raised regarding the public deficit, which is projected to reach an unprecedented level in 2024.

Government's Draft Budget for 2025

The government's draft budget for 2025 is currently being scrutinized, with emphasis on the need for realism in the proposed financial measures.

The government aims to reduce the public deficit in adherence to European Union regulations, but there is a high risk that these targets may not be met.

Implications of the 2025 Budget

The draft budget for 2025 is seen as a critical juncture for France, with concerns raised over its implications.

The budget outlines significant cuts in various sectors and the government is considering new taxation measures.

There is also pressure to address the ecological transition.

Monitoring by Financial Analysts and Economists

The implications of the 2025 budget will be closely monitored by financial analysts and economists.

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