Michel Barnier to Unveil Ambitious Five-Year Reform Plan

The French Prime Minister aims to implement sustainable changes by revisiting ideas from the Gilets Jaunes movement and consulting political allies.

Michel Barnier plans to present a comprehensive five-year reform plan in the coming weeks, building on his recent general policy speech.
Facing budgetary challenges, Barnier seeks to find a 'center of gravity' for fiscal policies while maintaining France's attractiveness achieved under Emmanuel Macron.
The reform plan will draw on ideas from the 2019 Gilets Jaunes crisis, as Barnier has instructed his team to review the citizen complaints from that period.
Barnier emphasizes practical projects over large-scale legislation, with a focus on simplification, decentralization, and more effective tax policies.
The government faces potential delays in passing the 2025 budget, with a crucial vote possibly postponed due to numerous amendments and lack of a parliamentary majority.