France presented its 2027 budget bill on Thursday, seeking to enact unpopular belt-tightening measures. And local governments are bracing for painful cuts. The national government provides most of the financing for local and municipal budgets – and it's now seeking 5.4 billion euros in savings there. Across the country, mayors are scrambling to figure out how to cut back, while still providing es
France presented its 2027 budget bill on Thursday, seeking to enact unpopular belt-tightening measures. And local governments are bracing for painful cuts. The national government provides most of the financing for local and municipal budgets – and it's now seeking 5.4 billion euros in savings there. Across the country, mayors are scrambling to figure out how to cut back, while still providing es