💨 Abstract

France's Prime Minister Michel Barnier is planning to increase taxes by billions of euros to address the country's widening budget deficit. The measures, expected to be outlined in a speech to parliament, include tax hikes on corporations, energy companies, and top earners, as well as increases in electricity taxes. Barnier faces challenges in pushing through these reforms due to the fragmentation of parliament and infighting within his minority government.

Courtesy: theprint.in