It's time for a diet, and the cure looks set to be severe.
Caught between high debt and deficit on one side and sluggish growth on the other, France is beginning a painful, in-depth review of its lifestyle.
Bercy has already distributed 10 billion in credit cancellations between the different ministries for this year, and announced 20 billion more in savings for 2025. In a short sentence, the Minister of the Economy, Bruno Le Maire , indicated that he was going to look into professional training schemes, aid to the cinema sector, absenteeism in the public service and even… aid to businesses.
It was enough to startle the employers.
“
In this search for savings, companies must not be targeted ,
”
once again warned the president of Medef, Patrick Martin, interviewed by
La Tribune du Dimanche.
Read alsoDespite progress, labor costs remain a handicap for French companies
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