Le Pen pledges sweeping spending cuts to woo French business leaders

1 min read
Source: Financial Times
Le Pen pledges sweeping spending cuts to woo French business leaders
Photo: Financial Times
TL;DR

Marine Le Pen used a Medef‑organised debate to vow drastic public spending cuts and a balanced-budget rule, unveiling a plan to save about €125bn and to cut welfare for immigrants and EU payments in order to reassure business leaders amid France’s high debt and investor jitters—while rivals offered divergent ideas on how to fix the deficit as pension reform and party dynamics also dominate the race.

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