French PM Barnier signals tax hikes on wealthy as new government takes over
French Prime Minister Michel Barnier on Sunday said he would avoid broad tax hikes, opting instead for tax increases for high earners, a day before his new government was set to take up its functions. Barnier's first major test will be to narrow the budget shortfall and submit a 2025 budget plan on France's financial situation next month.
Tomas Kauer - News Moderator 
French Prime Minister Michel Barnier on Sunday said he would avoid broad tax hikes, opting instead for tax increases for high earners, a day before his new government was set to take up its functions. Barnier's first major test will be to narrow the budget shortfall and submit a 2025 budget plan on France's financial situation next month.
