LE FIGARO: France, like other countries, spends a lot to revive its economy.
From your point of view, is this the right choice?
Sylvain BROYER.-
France has decided on a stimulus plan the size of Germany's, and larger than that of the United Kingdom.
The difference with the French plan is that it does not aim to boost demand in the short term, but to improve the competitiveness of the economy in the medium term, mainly by lowering production taxes.
France's lack of cost competitiveness has long been identified.
It is a good thing that the Covid crisis is prompting more alignment of national policies within the European Union and greater reliance on fiscal policy.
Read also:
Economic crisis: public spending causes debt to soar to 114% of GDP
Before the pandemic, economic policy at European level was unbalanced, as it relied exclusively on money.
Then ask yourself if French consumption can walk without a crutch is legitimate ... but savings are abundant, even if
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