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RE: LeoThread 2024-12-05 13:23

in LeoFinance7 days ago

Part 2/8:

The passage of this no confidence motion has far-reaching implications for governance in France. As the prime minister’s government collapses, Michel B is obliged to submit his resignation to President Emmanuel Macron. The aftermath of this political upheaval raises questions about the future of government budgets and the country's fiscal management amidst France's ongoing economic challenges. The immediate concern revolves around the 2025 budget, which was described as a controversial austerity budget aimed at rectifying a growing deficit and increasing debt levels.