France Faces IMF or EU Oversight Without Urgent Fiscal Reforms, Warns Budget Minister

France Faces IMF or EU Oversight Without Urgent Fiscal Reforms, Warns Budget Minister

France risks losing control over its financial future if it fails to urgently rein in public spending, Budget Minister Amélie de Montchalin warned on Tuesday, raising the specter of potential supervision by the International Monetary Fund (IMF) or European financial authorities. Montchalin emphasized the urgent need for fiscal discipline as France struggles with widening budget […]