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Bruno Le Maire Blames 2024 Dissolution for Stalled Fiscal Fix, Warns of Renewed Deindustrialization

In a rare interview, the ex-economy minister urges a shift toward growth-first policies with international digital taxes over a new wealth levy.

Overview

  • In an interview with L'Usine nouvelle published on September 22, Bruno Le Maire says the 2024 dissolution "cut off" a €30 billion, six‑month savings plan launched earlier that year.
  • He cites halted production-tax cuts, a stalled simplification law, shaken investor confidence, rising bankruptcies and fresh industrial job losses.
  • He rejects the proposed "taxe Zucman" on ultra-wealthy fortunes, calling instead for stronger international taxation of digital giants.
  • He links the fiscal disruption to pressure on France’s credit standing, noting the recent Fitch downgrade.
  • Now advising ASML and teaching in Switzerland, he rules out any return to government and expresses confidence in Prime Minister Sébastien Lecornu’s ability to find a way through the political crisis.