by Ahmed Adel, Cairo-based geopolitics and political economy researcher Bleak economic prospects further hurt France’s fragile economy, but President Emmanuel Macron still insists on prioritising assistance for Ukraine and pursuing anti-Russia agendas rather than dealing with the ever-increasing problems in his own country. French Economy and Finance Minister Bruno Le Maire reduced the country’s economic growth forecast to 1% in 2024 and announced that the Macron government would cut spending, estimated to be about €10 billion, in all ministries and in some programs to compensate for the drop in productivity and to meet obligations to reduce France’s budget deficit by 4.4% in 2024. “The principle […]
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