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  5. France Faces EU Rebuke Over Budget Rule Violations Amid Election Campaign

France Faces EU Rebuke Over Budget Rule Violations Amid Election Campaign

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The European Commission has reprimanded France for breaching the EU's budget rules, triggering a process that could lead to fines. This marks the first time since Emmanuel Macron took office in 2017 that France has been placed under the EU's public spending sin bin. The excessive deficit procedure is a mechanism that forces debt-overloaded countries to negotiate a plan with Brussels to get back on track. France's breach of budget rules comes as the country heads into high-stakes legislative elections on June 30 and July 7, during which both major parties have made large spending pledges.

  1. European Commission
    1. The debt sustainability analysis indicates high risk over the medium term.
  2. Terry Reintke
    Green Party
    1. European citizens expect European solutions from us and many challenges lie ahead.
    2. The first is to secure a reliable and democratic majority in the European Parliament for the upcoming five years. That must not include the far-right.
  3. FR
    Jordan Bardella
    National Rally
    1. I wish for Ukraine to have at disposal the ammunition and equipment it needs to hold the front, but my red line will not change, which is sending equipment that could have consequences of escalation in eastern Europe.
    2. And so I don't plan to send, especially, long-range missiles or other weapons that will allow Ukraine to strike the Russian territory. My position has not changed and will not change - it's about support for Ukraine and avoiding all risks of escalation in the region. And I think the risk of escalation is of course real.
    3. I don't plan to put into question the commitments made by France on the international level, because there's a stake regarding credibility towards our European partners as well as towards our NATO allies.

2024 French General Elections

  1. Macron resists calls to resign, vows to name new French prime minister within days
  2. Macron Names New Right-Leaning Government Under PM Barnier
  3. Thousands Protest in France Over Macron's Choice of Prime Minister

sources

  1. 1.The Guardian
  2. 2.France 24
  3. 3.Le Monde
  4. 4.The Times of India

perspectives

  1. 1.Election
  2. 2.French Foreign Policy
  3. 3.Immigration to Europe
  4. 4.France under Emmanuel Macron
  5. 5.Rise of Far-Right in Europe
  6. 6.French Politics
  7. 7.French Economy
  8. 8.BREXIT
  9. 9.National Debt

countries

  1. 1.BelgiumBE
  2. 2.CzechiaCZ
  3. 3.GermanyDE
  4. 4.EstoniaEE
  5. 5.SpainES
  6. 6.FinlandFI
  7. 7.FranceFR
  8. 8.United KingdomGB
  9. 9.HungaryHU
  10. 10.ItalyIT
  11. 11.MaltaMT
  12. 12.New CaledoniaNC

organizations

  1. 1.European Union
  2. 2.European Commission
  3. 3.National RallyFR
  4. 4.Caledonian Union
  5. 5.Economic and Financial Committee
  6. 6.Fine Gael
  7. 7.Green Party
  8. 8.Nouveau Front Populaire
  9. 9.Renaissance

persons

  1. 1.Emmanuel MacronFR
  2. 2.Bruno Le Maire
  3. 3.Paolo Gentiloni
  4. 4.Marine Le PenFR
  5. 5.Bas Eickhout
  6. 6.Bernard Guetta
  7. 7.Christian Tein
  8. 8.Jordan BardellaFR
  9. 9.Liz Truss
  10. 10.Manfred Weber
  11. 11.Nicole Belloubet
  12. 12.Roberta MetsolaMT

technicals

  1. 1.General Escape Clause
  2. 2.Stability and Growth Pact
  3. 3.Autumn European
  4. 4.Covid-19 Pandemic
  5. 5.Treaty on the Functioning of the EU
France Faces EU Rebuke Over Budget Rule Violations Amid Election Campaign