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French Government Approves Special Budget Bill for 2025

|Proposed Changes|France
France

The French government has announced the approval of a special budget bill on 11 December 2024 that authorizes the State to collect existing taxes and to borrow funds to ensure the continuation of government functions until the Finance Law and the Social Security Finance Law for 2025 can be adopted. This follows the recent no-confidence vote that led to the resignation of the government, making it impossible to enact the Finance Laws for 2025 by the end of the year. According to the release, …

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