Barnier, Michel – Page 3

France Prepares to Raise Taxes on Businesses and the Rich

France’s new prime minister, Michel Barnier, has opened the door to reversing some of President Emmanuel Macron’s tax cuts in an effort to fix the country’s widening budget deficit.

By Liz Alderman

Barnier, Michel Budgets and Budgeting Economic Conditions and Trends France Gross Domestic Product Legislatures and Parliaments Macron, Emmanuel (1977- ) Taxation Villeroy de Galhau, Francois (1959- )

France’s Budget Problems ‘Very Serious,’ Prime Minister Says

The French government, which missed a deadline this week to set a blueprint to lower its debt and deficit, is struggling to meet fiscal requirements set by the E.U.

By Liz Alderman