With its national debt at record levels, the "moment of truth" has come for France. Under this motto, Prime Minister François Bayrou has unveiled a budget proposal that involves billions in cuts. In addition to merging authorities and freezing public spending, including pension payments and social benefits, two public holidays would also be scrapped. Europe's press turns its attention to Paris.

L'Opinion (FR)
El Mundo (ES)
The Daily Telegraph (GB)
L'Humanité (FR)
Tages-Anzeiger (CH)

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