Firstpost
  • Home
  • Video Shows
    Vantage Firstpost America Firstpost Africa First Sports
  • World
    US News
  • Explainers
  • News
    India Opinion Cricket Tech Entertainment Sports Health Photostories
  • Asia Cup 2025
Apple Incorporated Modi ji Justin Trudeau Trending

Sections

  • Home
  • Live TV
  • Videos
  • Shows
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Health
  • Tech/Auto
  • Entertainment
  • Web Stories
  • Business
  • Impact Shorts

Shows

  • Vantage
  • Firstpost America
  • Firstpost Africa
  • First Sports
  • Fast and Factual
  • Between The Lines
  • Flashback
  • Live TV

Events

  • Raisina Dialogue
  • Independence Day
  • Champions Trophy
  • Delhi Elections 2025
  • Budget 2025
  • US Elections 2024
  • Firstpost Defence Summit
Trending:
  • Nepal protests
  • Nepal Protests Live
  • Vice-presidential elections
  • iPhone 17
  • IND vs PAK cricket
  • Israel-Hamas war
fp-logo
French PM Edouard Philippe wins confidence vote, vows to cut budget deficit
Whatsapp Facebook Twitter
Whatsapp Facebook Twitter
Apple Incorporated Modi ji Justin Trudeau Trending

Sections

  • Home
  • Live TV
  • Videos
  • Shows
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Health
  • Tech/Auto
  • Entertainment
  • Web Stories
  • Business
  • Impact Shorts

Shows

  • Vantage
  • Firstpost America
  • Firstpost Africa
  • First Sports
  • Fast and Factual
  • Between The Lines
  • Flashback
  • Live TV

Events

  • Raisina Dialogue
  • Independence Day
  • Champions Trophy
  • Delhi Elections 2025
  • Budget 2025
  • US Elections 2024
  • Firstpost Defence Summit
  • Home
  • World
  • French PM Edouard Philippe wins confidence vote, vows to cut budget deficit

French PM Edouard Philippe wins confidence vote, vows to cut budget deficit

The Associated Press • July 5, 2017, 08:18:42 IST
Whatsapp Facebook Twitter

Prime Minister of France overwhelmingly won a confidence vote in the National Assembly

Advertisement
Subscribe Join Us
Add as a preferred source on Google
Prefer
Firstpost
On
Google
French PM Edouard Philippe wins confidence vote, vows to cut budget deficit

Paris: Prime Minister of France Edouard Philippe overwhelmingly won a confidence vote in the National Assembly on Tuesday after vowing to bring the country’s budget deficit under the European Union limit of 3 percent this year without raising taxes. [caption id=“attachment_3447914” align=“alignleft” width=“380”]File image of Edouard Philippe. Image Courtesy: Positive Economy forum File image of Edouard Philippe. Image Courtesy: Positive Economy forum[/caption] Philippe told lawmakers that France’s debt had reached “an unbearable level”, putting the country “at the mercy of financial markets”. He said there will be expenses cuts but pledged not to raise taxes. Philippe won the vote in France’s lower house of parliament by 370-67. Besides getting support from President Emmanuel Macron’s party which has a wide majority after a landslide win last month he also got votes from centrist allies and even some conservative lawmakers. “The truth is that while our German neighbors raise 100 euros in taxes and spend 98, we are raising 117 euros and are spending 125. Who can think this situation is sustainable?”, he said. Philippe pledged to stop increasing the number of state employees, to focus the government on its main priorities and to stop spending money on policies that don’t deliver results. Last week the country’s national audit office said France’s budget deficit could reach 3.2 percent above the EU limit for the 10th consecutive year in 2017 if no measures are taken. Philippe said by choosing Macron, French voters showed they “are attached to the European Union and the euro. They want a more concrete, less fussy and more protective Europe”. He detailed the government’s agenda in the next months and years, from health to education and job policies. He notably wants to raise the price of a cigarette pack to 10 euros ($11.35) — up from about 7 euros ($8) now. Philippe pushed for the labor reform Macron has promised to pass by the end of the summer that aims to boost job creation, since French unemployment has been hovering around 10 percent for years. Unions, however, fear it strips hard-earned worker protections. The government next week will outline new measures to handle Europe’s migrant crisis, seeking a balance between helping refugees and controlling illegal immigration, Philippe said. The French government wants to reduce the asylum application procedure from 14 months now to 6 months and be able to deport those who are not granted asylum. In an effort to keep fighting terrorists, France’s military budget next year will increase spending on defense to 2 percent of GDP by 2025. Far-right lawmaker Marine Le Pen, who lost her presidential bid to Macron, said his economic plans would produce “very tough consequences to buying power” for French citizens. She also criticized the government for submitting to EU demands to lower public spending. “We know what that means the progressive, continued disappearance of public services”, she said.

Tags
France NewsTracker Confidence Vote French parliament Emmanuel Macron
End of Article
Latest News
Find us on YouTube
Subscribe
End of Article

Impact Shorts

Nepal: Oli to continue until new PM is sworn in, nation on edge as all branches of govt torched

Nepal: Oli to continue until new PM is sworn in, nation on edge as all branches of govt torched

Khadga Prasad Sharma Oli remains caretaker PM amid chaos in Nepal. Protesters torched parliament, executive seat, Supreme Court, and presidential residence. President Paudel calls for dialogue as violence continues across the country.

More Impact Shorts

Top Stories

Israel targets top Hamas leaders in Doha; Qatar, Iran condemn strike as violation of sovereignty

Israel targets top Hamas leaders in Doha; Qatar, Iran condemn strike as violation of sovereignty

Nepal: Oli to continue until new PM is sworn in, nation on edge as all branches of govt torched

Nepal: Oli to continue until new PM is sworn in, nation on edge as all branches of govt torched

Who is CP Radhakrishnan, India's next vice-president?

Who is CP Radhakrishnan, India's next vice-president?

Israel informed US ahead of strikes on Hamas leaders in Doha, says White House

Israel informed US ahead of strikes on Hamas leaders in Doha, says White House

Israel targets top Hamas leaders in Doha; Qatar, Iran condemn strike as violation of sovereignty

Israel targets top Hamas leaders in Doha; Qatar, Iran condemn strike as violation of sovereignty

Nepal: Oli to continue until new PM is sworn in, nation on edge as all branches of govt torched

Nepal: Oli to continue until new PM is sworn in, nation on edge as all branches of govt torched

Who is CP Radhakrishnan, India's next vice-president?

Who is CP Radhakrishnan, India's next vice-president?

Israel informed US ahead of strikes on Hamas leaders in Doha, says White House

Israel informed US ahead of strikes on Hamas leaders in Doha, says White House

Top Shows

Vantage Firstpost America Firstpost Africa First Sports

QUICK LINKS

  • Trump-Zelenskyy meeting
Latest News About Firstpost
Most Searched Categories
  • Web Stories
  • World
  • India
  • Explainers
  • Opinion
  • Sports
  • Cricket
  • Tech/Auto
  • Entertainment
  • IPL 2025
NETWORK18 SITES
  • News18
  • Money Control
  • CNBC TV18
  • Forbes India
  • Advertise with us
  • Sitemap
Firstpost Logo

is on YouTube

Subscribe Now

Copyright @ 2024. Firstpost - All Rights Reserved

About Us Contact Us Privacy Policy Cookie Policy Terms Of Use
Home Video Shorts Live TV