Court of Auditors Warns Paris Facing Constraints

France continues to suffer from high levels of debt and a financial deficit. Emilie de Montchalin, President of the Court of Audit, warned of the risk of financial choking if the debt level is not controlled, which is expected to reach 90 billion euros next year. She emphasizes the necessity of reducing the overall deficit to below 5% of GDP by 2027 to avoid losing fiscal maneuvering space and financial sovereignty. The French government is currently facing political difficulties in passing the 2027 budget amid parliamentary fragmentation. The challenge is compounded by widespread protests against economic policies and austerity measures, with key demands for improving citizens' purchasing power and living conditions.

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