Public funds – Mr Prime Minister, in case you dared… | EUROtoday
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LThe incompetence of our leaders doesn’t alone clarify the collapse of our public funds. This can also be the consequence of structural weaknesses in our financial system: labor deficit, exhausted retirement system, inefficiency and complexity of territorial administration, obese civil service, crushing labor taxation, and many others. It would take nice but additionally unbelievable political braveness to hold out basic reforms to right these defects on the origin of our financial decline.
An costly and indigestible territorial millefeuille
According to the General Directorate of Local Authorities, France had, on 1er January 2024, 18 areas, 101 departments, 1,254 public intermunicipal cooperation institutions and 34,935 municipalities. That’s 40…
https://www.lepoint.fr/economie/finances-publiques-monsieur-le-premier-ministre-si-vous-osiez-15-10-2024-2572854_28.php