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Editorial: Liberation

  • The government has introduced its new public finance trajectory for 2024-2027 within the stability programme.
  • There is uncertainty if the deficit will remain under 3% by 2027.
  • Growth forecasts are optimistic, and a 10-billion saving plan is in place.
  • The level of tension between the Elysée and Bercy is very high.
  • Minister Stanislas Guerini proposed ending the 'taboo' over public sector dismissals.
  • The negative economic news could impact the upcoming European elections.
  • Macron's gamble based on the liberation of activity might be at risk.

Conclusion: The government is navigating through stormy political and economic waters, with internal tension and significant financial challenges on the horizon.