Taxes, pensions, minimum wage… the shocking plans of the new Popular Front

2024-07-09 19:11:57

Decryption- The left-wing bloc in the National Assembly is determined to tax the rich to finance its proposals and wants to implement its entire economic plan, which will punish both households and businesses.

« This is total madness, this is the power of 1981 10 is a guarantee of downgrade, mass unemployment and exit from the EU. » Bruno Le Maire, who remains economy minister, did not mince words in describing the economic plans of the New Popular Front (NFP). He is not the only one who worries that the raft of measures might weaken France’s already weak position, with a deficit of 5.5% of GDP in 2023 and a debt of 3.1 trillion euros. Ratings agency Moody’s also warned on Tuesday that any decline in the government’s willingness to save might have a negative impact on France’s ratings, even as it highlighted the ” difficulty » Participate in the legal vote. As of Monday evening, Standard & Poor’s has warned that France’s credit rating will be ” Under pressure » If the country « has not reduced its huge public deficit “. For businesses and households, anxiety is high…

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#Taxes #pensions #minimum #wage.. #shocking #plans #Popular #Front

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