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French presidential candidate Marina Le Pen, leader of the far-right political party, the National League, proposed an ambitious new fiscal plan with the goal of reducing France's fiscal deficit to less than 3% of GDP by 2032. Le Pen announced on Tuesday the budget plan drawn up by the National League for next year. This plan will be implemented if she wins the upcoming French presidential election. She is seeking to reassure investors as concerns about France's political outlook and growing debt cause turmoil in the bond market. Marina Le Pen argues that she hopes to gradually reduce the size of debt through an annual budget, and eventually reduce debt as a share of GDP to 60%.
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French presidential candidate Marina Le Pen, leader of the far-right political party, the National League, proposed an ambitious new fiscal plan with the goal of reducing France's fiscal deficit to less than 3% of GDP by 2032. Le Pen announced on Tuesday the budget plan drawn up by the National League for next year. This plan will be implemented if she wins the upcoming French presidential election. She is seeking to reassure investors as concerns about France's political outlook and growing debt cause turmoil in the bond market. Marina Le Pen argues that she hopes to gradually reduce the size of debt through an annual budget, and eventually reduce debt as a share of GDP to 60%.
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