[HIGHLIGHTS] The Livret A rate frozen at 3%: the Council of State validates the government's decision

The Council of State on Monday rejected the appeal of law professor Paul Cassia. He requested the cancellation of the freezing of the Livret A rate at 3%.

The main argument for freezing the rate is the defense of the finances of social housing players, who borrow from the Caisse des Dépôts (CDC) at the rate. The latter, however, deal with an accommodating lender and manage their debts on the long term, a horizon necessarily made up of drops and increases in rates.