French Prime Minister Sebastien Lecornu Announces End-of-Month Measures Amid Student Protests
French Prime Minister Sebastien Lecornu announced a series of measures to be implemented by the end of October in response to ongoing student protests. He denied orders for violent security actions and reiterated commitments to fiscal discipline. The IMF urged France to address its growing debt and spending concerns.
Sources
French Prime Minister Sebastien Lecornu has tried to calm both student protesters and jittery bond markets. In an address to the nation, Lecornu stressed that the education ministry had not seen any cuts in last week's budget proposal, but insisted the government must cut its public deficit to 5%. There are growing concerns about France's spending and debt, with the IMF urging the country to "get your house in order." Lecornu also confirmed the release of 10 million barrels of diesel fuel.
The French government will present the first decisions at the end of the month in response to the mass protests by French students, who have been demanding more funds for education and better learning conditions for over a week, said Prime Minister Sebastien Lecornu today. He also denied that security forces were ordered to engage in violent confrontations with protesters.