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What will be the outcome of France's request for an extension to submit its deficit reduction plan by September 20, 2024?
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Resolution / Starting Odds
Extension granted • 33%
Extension denied • 33%
No decision by September 20, 2024 • 33%
Official EU announcement
Story
France Requests EU Extension for Deficit Plan Submission Beyond September 20
Sep 8, 2024, 11:10 AM
France has requested an extension from the European Commission to the deadline for submitting its plan to reduce the public deficit. The request, reported by La Tribune and Reuters, seeks to extend the deadline beyond September 20 to ensure coherence with Paris' 2025 draft budget. The deteriorating finances have put Paris into EU disciplinary proceedings.
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Approved without major changes • 25%
Approved with major changes • 25%
Rejected • 25%
Not proposed • 25%
Government survives without changes • 25%
Government faces a successful motion of censure • 25%
Government makes significant concessions • 25%
Other outcome • 25%
Yes • 50%
No • 50%
Tax increase on corporations • 25%
Tax increase on wealthy individuals • 25%
Spending cuts • 25%
Other measures • 25%
Fully compliant • 25%
Partially compliant • 25%
Non-compliant • 25%
Non-compliance with exceptions • 25%
Budget passed without amendments • 25%
Budget passed with minor amendments • 25%
Budget passed with major amendments • 25%
Budget rejected • 25%
Budget passes without Article 49.3 • 25%
Budget passes with Article 49.3 • 25%
Budget fails, motion of censure passes • 25%
Budget fails, no motion of censure • 25%