As France's newly-formed government faces pressure to finalise its spending plans for 2025, budget minister Laurent Saint-Martin said the state of public finances was worse than was expected only a few days ago, and that this year's budget shortfall could top 6% of GDP, far above the government's earlier estimate of 5.1%. Plus, Commerzbank has named Bettina Orlopp as its new CEO, as it tries to fend off a possible hostile takeover by Italy's UniCredit. Read more about this story in our article: https://f24.my/AclQ.y 🔔 Subscribe to France 24 now: https://f24.my/YTen 🔴 LIVE - Watch FRANCE 24 English 24/7 here: https://f24.my/YTliveEN 🌍 Read the latest International News and Top Stories: https://www.france24.com/en/ Like us on Facebook: https://f24.my/FBen Follow us on X (Twitter): https://f24.my/Xen Browse the news in pictures on Instagram: https://f24.my/IGen Discover our TikTok videos: https://f24.my/TKen Get the latest top stories on Telegram: https://f24.my/TGen
France's 2024 budget deficit could top 6% of GDP: minister • FRANCE 24 English
As France's newly-formed government faces pressure to finalise its spending plans for 2025, budget minister Laurent Saint-Martin said the state of public finances was worse than was expected only a few days ago, and that this year's budget shortfall could top 6% of GDP, far above the government's earlier estimate of 5.1%. Plus, Commerzbank has named Bettina Orlopp as its new CEO, as it tries to fend off a possible hostile takeover by Italy's UniCredit. Read more about this story in our article: https://f24.my/AclQ.y 🔔 Subscribe to France 24 now: https://f24.my/YTen 🔴 LIVE - Watch FRANCE 24 English 24/7 here: https://f24.my/YTliveEN 🌍 Read the latest International News and Top Stories: https://www.france24.com/en/ Like us on Facebook: https://f24.my/FBen Follow us on X (Twitter): https://f24.my/Xen Browse the news in pictures on Instagram: https://f24.my/IGen Discover our TikTok videos: https://f24.my/TKen Get the latest top stories on Telegram: https://f24.my/TGen