The French Government is preparing to revise downwards its economic forecasts for 2026, in a context marked by strong political instability, rising energy costs and worsening financing conditions for the State. Finance Minister Roland Lescure announced that economic growth should reach only 0.5% this year, below the 0.7% previously forecast.
For 2027, the official forecast remains at 1%, according to estimates presented by the French executive. This revision comes at a particularly delicate time for the country's public finances, which are facing multiple simultaneous pressures.
Roland Lescure warned that economic uncertainty has probably never been as great as it is today, underscoring the complexity of the moment the French economy is going through. This declaration highlights the difficulties faced by the Executive in controlling public finances.
The situation arises in a context where, according to the headline, there is nothing left to cut in the French economy, suggesting that the State will have limited room for maneuver to implement new austerity measures or budget adjustments.
