The Limited Times

Now you can see non-English news...

The explosive equation of public debt and deficit

2022-04-24T19:15:25.482Z


If the prospects for employment seem well oriented for this second Macron five-year term despite economic uncertainties, public finances are worrying.


In

Anéantir

, Michel Houellebecq imagines the end of Emmanuel Macron's second term in 2027.

"France had again become the fifth world power (...), its deficit now represented less than 1% of GDP and it was gradually reducing its debt

" , then projected the writer.

The only downside in the novel is the permanence of endemic unemployment.

Houellebecq's visionary gifts should for once be lacking.

As much as the employment prospects seem well oriented for Macron's second five-year term despite economic uncertainties, public finances are also worrying.

To discover

  • LIVE - 2022 Presidential Results: Macron re-elected, follow the election night here

  • Presidential 2022: find here the result of the second round of the election

Read also

Public finances come out wrung out of Emmanuel Macron's five-year term

Even the President remained very cautious on the subject: during the campaign, he modestly contented himself with resuming the trajectory traced in the autumn in the last multiannual programming law for public finances with a return to below a deficit of 3% in 2027 and an ebb of debt from 2026, obtained thanks to savings that are also subject to caution...

This article is for subscribers only.

You have 66% left to discover.

Cultivating your freedom is cultivating your curiosity.

Subscription without obligation

1€ THE FIRST MONTH

Already subscribed?

Login

Source: lefigaro

All news articles on 2022-04-24

Similar news:

You may like

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.