French Premier Warns on Budget as Talks to Form Government Drag

  • Barnier delays meetings with lawmakers amid bickering over tax
  • Prime minister says budgetary situation is ‘very serious’
Michel BarnierPhotographer: Nathan Laine/Bloomberg
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French Prime Minister Michel Barnier issued a warning over the country’s public finances as disagreements between rival parties on tax and spending further complicate his task of forming a government.

“The country’s budgetary situation is very serious,” he said in a statement provided by his office on Wednesday. “I have asked for all the information I need to assess its exact reality.”