The French Senate has approved the budget for 2025, aiming to reduce the deficit by cutting spending and increasing taxes for the highest incomes and corporations. This budget now awaits approval from the Constitutional Council, followed by the signature of President Emmanuel Macron. Political instability in France has persisted since Macron announced emergency elections for June 2024, and after those elections, no party gained a majority, leading to political upheavals and the fall of the previous government. Finance Minister Éric Lomb…
French Senate approves 2025 budget to cut deficit.
