Rain of Olympic bonuses to French officers within the midst of the deficit disaster | EUROtoday

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The celebration of the Olympic Games this summer time in Pars it's going to price him french authoritieswhich is agreeing prime with officers to stop strikes throughout the sporting occasion. The police, railway staff, rubbish collectors or well being staff threatened to take action… For now, there will likely be no strikes as a result of they’ve been compensated. This wave of bonus olmpicos It happens at a time when criticism of the Government is rising on account of how excessive the deficit and public debt are.

In current months there have been threats from the unions, which had introduced strikes throughout the Games. The Minister of Public Service, Stanislas Gueriniconfirmed that there will likely be a bonus gadget between 500 y 1.500 euros “for all officials who are active during the period.”

The quantity will rely on the diploma of mobilization they’ve and the impression of the sporting occasion “on their daily activity.”

Already in January, the Minister of the Interior, Grald Darmanin, agreed to pay the gendarmes and police further. They will likely be mobilized from July 24 to August 11. Those who work in areas the place there are sports activities occasions will obtain 1.600 euros and people who do it within the Paris area (the place the bulk will likely be concentrated) can have 1.900 euros.

The risk of strikes in a combative nation like France, the place there are strikes fairly ceaselessly and have paralyzed the nation, has been within the starting stage for months, however “no one wants there to be strikes,” mentioned Guerini, to justify his determination.

The price of premiums ranges between 75 and 235 million of euros, in accordance with RTL estimates. The Government has not given figures. Metro drivers have negotiated a bonus which a part of the 1.600 euros. Transportation, already chaotic every day, is among the fundamental considerations for the sporting occasion. Firefighters and development staff additionally negotiate their share of the pie. SNCFthe corporate that manages transport, have negotiated bonus of 1.900 euros. profit 50,000 staff.

Not solely will there be an Olympic prize for the employees, there can even be support for his or her households: “We are going to accompany them,” mentioned Minister Guerini. There will likely be checks 200 euros per baby and of 350 euros in case of single mum or dad households.

The cops had additionally requested for assist for his or her households to have the ability to face this titanic effort that entails working from July 27 to August 11. with out a relaxation. They can even obtain the verify for his or her kids. The Government additionally undertakes to pay them all additional time.

The generosity of the French State passes invoice to the general public coffers and comes at a time when the Government is looking for additional cuts within the 2024 budgets. It has already authorized financial savings of 20 billion of euros. During the pandemic, the Government gave a whole lot of support to probably the most affected corporations and sectors, and the measures to help households in opposition to inflation have additionally been beneficiant. The result’s that since 2017 the debt to GDP has gone from 97% to 111% final yr

He public deficit exceeded forecasts in 2023 (it’s within the 5.5% of GDP) and the score company S&P has simply lowered France's score (from AA to AA-) as a result of deterioration of its price range deficit. France's price range deficit in 2023 has been larger than anticipated, the company justifies in its evaluation. They don’t count on it to succeed in 3% of GDP till 2027.

The Minister of Economy, Bruno Le Mairehas defended itself by arguing that the remainder of the notation companies have maintained the French observe and has additionally mentioned: “The main reason for this degradation is because we have saved the French economy.”

Since Macron reached the Elsée, progress has been made within the reindustrialization of the nation, there’s virtually full employment and France is probably the most engaging nation for international corporations that wish to make investments. The different facet of the coin is that the help given to cushion the completely different crises of current years (Covid, conflict in Ukraine, inflation…) have their price.

“If today we have this high level of debt It is because I have saved the French economy, the factories, the restaurants, the hoteliers, employment and the aeronautical sector,” the minister mentioned.