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In the long run, it is difficult to win the approval of French bond investors for the fiscal targets proposed in Marina Le Pen's shadow budget. Le Pen promised to reduce France's fiscal deficit to less than 5% next year and keep it within 3% by 2032. Although the goal sounds appealing, large-scale fiscal austerity is required to achieve it; currently, there is no consensus among political parties on drastic spending cuts.

Zhitongcaijing·10/06/2026 08:49:05
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In the long run, it is difficult to win the approval of French bond investors for the fiscal targets proposed in Marina Le Pen's shadow budget. Le Pen promised to reduce France's fiscal deficit to less than 5% next year and keep it within 3% by 2032. Although the goal sounds appealing, large-scale fiscal austerity is required to achieve it; currently, there is no consensus among political parties on drastic spending cuts.