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French economy fails 2024 in 2024 because political crisis continues


A pedestrian crosses a flooded street in Paris on October 17, 2024.

Joel Saget | AFP | Getty Images

The French economy shrink in the fourth quarter, showing flash data on Thursday, as French legislators overcome their differences and highlight the urgent need to agree on budget 2025.

The economy had a 0.1% contraction in the fourth quarter, the country’s statistical agency revealed inseNE on Thursday, from 0.4% in the third quarter of 2024.

A french black economy gave boost Paris Olympics Last summer, but since it has been done politically, leaving prosecutors since then – namely, the French budget is a great deficit and a growing debt pile – without fixing.

Political ecstasies and economic uncertainty Paris, Parliamentary elections last June and July. They worked in the far distant and right remote voters, fans should govern who should govern. Finally, President Emmanuel Macron installed the Conservative Government in SeptemberScroll to the left and right political factions.

The Prime Minister of the Michel Barnier government center had two sides of the political spectrum after the two sides of the political spectrum and after reducing budget plans from 2025 after its deficit. The government was in unprofessional votes in December.

A new government under Prime Minister François Bayrou It was placed December and thank you Rally and all the two sides of the socialist party, refusing to move, In January, he voted the confidence on the left before.

However, the budget 2025 must be exceeded, and Bayrou is already forced to help his left plans to the left, replacing his prosecutive plans thorn debate on pension reform And agree to create additional expenditure and job in the health and education sectors.

The analysts say that the Bayrou government has a better option to get 2025 through the budget parliament, even talking about this week.

“The possibilities of passing a budget of François Bayrou 2025 have significantly strengthened, thanks to the political and financial concessions of the National Assembly,” Mujtaba Rahman, General European Director of Eurasia Group, sent the comments on Monday.

“(He) is now in a good position to resolve the crisis of the French short-term budget in the next month or early March,” Rahman added.

Socialist support is good, however, it is very good. Bayrou aborted to participate in the protests made by immigration notices.

Although the lectures resume, the government is likely to achieve its ambition for the goal of the budget deficit this year.

“We believe that (Bayrou) has a good chance of success so far, but the last text of the budget can have a reduced ambition of 5.4% of GDP deficit this year,” Rahman said.

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