Antoine Armand, Minister of the Economy, says he is able to make “concessions” on the finances as the specter of censorship turns into clearer | EUROtoday

Pressure is growing on the Barnier authorities, threatened with being censored within the National Assembly within the coming days, towards a backdrop of slowed down finances discussions. In this context, the Minister of the Economy and Finance, Antoine Armand, mentioned on Thursday, November 28, that he was keen to do “concessions” on budgetary texts, to be able to keep away from ” storm “ financial and monetary that may outcome, in accordance with him, from the autumn of the federal government with out a finances.

“Whatever differences in values ​​we have, today we are faced with an extremely serious situation for the country. The Prime Minister spoke of a “storm”. It will not be a phrase chosen at random, it’s a phrase which has monetary, financial and budgetary resonance, and we’re clearly able to make concessions to keep away from this storm.declared Mr. Armand on BFM-TV and RMC, two days after the alarm sounded by Prime Minister Michel Barnier on TF1’s “8 p.m.

The minister notably mentioned the tax on electricity, the increase of which envisaged in the government’s draft budget is considered “inadmissible” by the National Rally (RN). RN deputies can swing the vote on a movement of censure, with their contingent of 140 deputies (together with their sixteen allies from Eric Ciotti’s group)

Pressure from the RN able to bringing down the federal government

The far-right social gathering is due to this fact growing the strain on the Barnier authorities. Marine Le Pen notably known as this week for “clear and firm commitments to abandon the 3 billion euros in electricity price increases [au budget de l’Etat], the abandonment of the de-reimbursement of new medicines and the de-indexation of pensions”in any other case threatening to convey down the federal government.

Thursday, Antoine Armand warned all of the teams tempted by the vote of a movement of censure, whereas the left events allied within the New Popular Front (NFP) – PS, LFI, PCF and Ecologists – promised to desk one as quickly because the Prime Minister makes use of article 49.3 of the Constitution to permit the adoption of the State finances and/or Social Security within the Hemicycle.

“What I say to the political parties which have nothing in common, all to the right or all to the left of the hemicycle, is [que] It is not because we do not have an agreement with a government that we weaken our country. It is not because we do not agree with a policy that we put a country in the red. It is not because we do not agree with a Prime Minister and with a government that we are plunging the country into budgetary and financial unknowns”launched Mr. Armand.

Like the remainder of the federal government, the Macronist minister is placing strain on the sixty-six deputies of the socialist group, calling for his or her duty, whereas the latter might enable the Barnier authorities to stay in place, in the event that they abstained in the course of the vote . The latter, nevertheless, confirmed solidarity with the remainder of the NFP, stating in a bunch assembly that they might vote for censure to forestall the adoption of a finances to which they oppose.

If the Barnier authorities falls with out a finances having been voted on, “we risk stalling like a plane that is at altitude and which at one point risks losing control. However, there is a path: this path is this budget”as soon as once more warned the Minister of the Economy, whereas recognizing that it could possibly be improved. In distinction, “there is the path to the unknown, there is the path to degradation, there is the path to the dislocation of the country, there is the path to leaping into the budgetary, economic and financial unknown”continued the minister, on the eve of the choice of the S&P ranking company regarding France’s debt.