France is on the precipice of the “abyss”, National Rally leader Marine Le Pen warned as she and her deputy Jordan Bardella presented their party’s financial plan to avert the looming debt crisis and revive the country’s economy. Speaking from party headquarters in Paris on Tuesday, presidential candidate Marine Le Pen — the current favourite in the 2027 race — announced that if given power, the National Rally (RN) would look to deliver €140 billion ($158bn) in net savings by 2032, while restoring the budget to a primary balance within eighteen months, reducing the deficit to the EU limit of three per cent by 2030, and slashing the national debt by ten points over five years, Le Monde reported.
“If the French do not choose a political break, France is heading towards default,” she warned, while criticising the “disastrous record” of President Emmanuel Macron, whom she mocked for his supposed expertise in economics that was highly touted ahead of his election due to his history as a former banker for the Rothschilds. “How many thousands of articles, each more dishonest and biased than the last, to explain that Emmanuel Macron, the Mozart of finance, would save our public accounts?” Le Pen questioned. “The French elites have deliberately failed and worse, have lied to thwart the RN’s victory.” “Emmanuel Macron’s disastrous record isn’t just pie-in-the-sky figures: it translates every day into the purchasing power of the French people. The burden of spending and taxes, but also the economic gloom it generates, are largely responsible for the purchasing power crisis facing French families,” she added.
