France’s Le Pen unveils economic platform stuffed with cuts — but few new ideas

“I won’t accuse you of perversity, others will judge, but it doesn’t look like your little operation is having an impact in the country,” he said.

Le Pen, the front-runner in the race to replace Macron next year, let Bardella do most of the talking in his defense. For her, the event was an opportunity to cast herself as a responsible steward of the French economy as France’s debt continues to pile up, growth stagnates and borrowing costs rise. On Tuesday she promised €140 billion in net savings over the course of a five-year presidential term.

“If investors only lend at exorbitant rates, our state and our social system will collapse,” she said.

Le Pen’s proposal to cut €19.5 billion from France’s EU contributions is bound to set up a showdown with Brussels. The party’s counter-budget proposal for 2027 includes an €11.1 billion cut in France’s gross contribution to the bloc as early as next year.

Jean-Philippe Tanguy, a National Rally lawmaker widely seen as a contender for economy minister should Le Pen win next year’s presidential election, said that Le Pen and her party would ramp up pressure for a fundamental rethink of EU priorities rather than just renegotiating the country’s annual contribution.

“We are not only asking for a rebate, we are asking for the cancellation of entire programs,” Tanguy said, citing EU foreign policy initiatives but also EU funds deployed within pre-accession programs.

Original source France’s Le Pen unveils economic platform stuffed with cuts — but few new ideas

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