Complicated in terms of health, the start of the school year also promises to be very sensitive on the financial front. The crisis which is hitting the French economy violently has not spared the public accounts which have deteriorated sharply. As of June 30, the 2020 state budget was already in deficit of 124.9 billion euros, against 77.3 billion in the same period last year. This corresponds to a deterioration of 47.6 billion euros, notes the Ministry of Public Accounts in the monthly budget situation at mid-year published recently.
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In question? The confinement which lasted for nearly two months and the sharp slowdown in economic activity that resulted from it. To cope with this, state spending exploded by 12.8% - an increase of around 25 billion euros - to finance part of the emergency measures taken by the executive, and whose amount total amounts to 136 billion euros (expenditure, postponement of social and fiscal deadlines). At the same time, tax revenues
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