Deficit: the executive in search of a politically painless budget cut. Emmanuel Macron seeks to avoid the most unpopular savings options, even if it means turning to local authorities led by the opposition.
No less than 10 billion euros this year, the executive has already decided; “at least 20 billion” next year, added Thomas Cazenave. 50 billion by 2027, the Court of Auditors has just released. It is indeed time for bad news, if all the warnings are to be believed. It remains to be decided in detail.