France’s Lescure Says Senate Budget Won’t Narrow Deficit Enough
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000French Finance Minister Roland LescureFrench Finance Minister Roland Lescure said the senate’s version of the 2026 budget would lead to an unacceptably wide deficit and called for major changes as lawmakers struggle to stabilize financial plans before year-end.Lescure said the gap in 2026 would narrow only marginally to 5.3% of economic output from 5.4% this year if France implemented a combination of the main budget adopted by the senate on Monday and the social security bill approved by the National Assembly last week.