France Plans €54 Billion Budget Cuts for 2027

France is planning a savings drive of 54 billion euros to reduce its deficit to 5 percent by 2027. The government is also considering cutting the budget of the environmental agency Ademe by more than 30 percent after France's hottest summer on record. Economist Marc Touati warned that public debt rose by 1.280 trillion euros under Emmanuel Macron. Macron called fuel prices at the country's gas stations unbearable.