Browsing: michel barnier

France revises its 2026 public deficit estimate, exceeding earlier forecasts but staying under 5%. The adjustment comes amid efforts to stabilize finances and meet EU fiscal targets.

Political instability in France and Germany challenges EU economic stability, with trade tensions, industry disruptions, and leadership voids deepening the strain.

French President Emmanuel Macron reshuffled the government, appointing Michel Barnier as prime minister, aiming to stabilize his leadership with a centrist-conservative cabinet.