France Tightens Budget and Lowers 2024 Growth Forecast to 1%

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Source: Financial Times
TL;DR Summary

France is tightening its budget as economic growth slows, with the government announcing plans to cut spending and increase taxes in order to meet deficit targets. The move comes as the country's economic growth is expected to fall short of previous forecasts, prompting the government to take action to rein in its budget deficit.

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