“The gap between the discourse on European sovereignty carried by Emmanuel Macron and his difficulty in mastering the finances of his country will remain as a great paradox” | EUROtoday

PRead of fifteen million viewers adopted, on Wednesday, March 5, the solemn speech of the Head of State. Emmanuel Macron’s alert on the nice geopolitical tilting brought on by the merger of Donald Trump and Vladimir Putin on the expense of Ukraine and Europe was heard. The surveys carried out within the days that adopted convergent: the French are anxious, they’ve joined the Russian risk, understood that they might now not depend on the United States to guard them and assist the rearmament that engages or accelerates in Europe.

In an interview with La Tribune on Sunday From March 9, the Minister of Defense, Sébastien Lecornu, set the fascinating horizon of French army spending at 100 billion euros yearly in 2030 towards 50 billion euros right this moment. In regular budgetary conditions, the doubling of the army finances can be a problem.

In the present context, it places the nation on the foot of the wall: France accused on the finish of 2024 a public deficit of 6 % of the gross home product (GDP) that the federal government hoped simply to comprise 5.4 % this yr with out assure to attain it. The nation can be weighted by a public debt which reaches 3,300 billion euros (113.7 % of GDP). Its reimbursement weighs increasingly more closely on the state finances as a result of rise in rates of interest: 59 billion euros deliberate this yr, greater than 70 billion in 2027. The accumulation of those dangerous figures applies to France to be categorized among the many worst college students within the euro zone.

Sovereignty, in keeping with the dictionary The Robertdefines the character of a state “Who is not subject to any other state”. The hole between the discourse on European sovereignty carried with lucidity and in a avant-garde method since 2017 by Emmanuel Macron and the problem of the French chief in mastering the funds of his nation will stay as the nice paradox of the interval. The man of the European awakening was on the identical time the herald in France of the “Whatever it costs”the one who has combined in the identical motion the great and poor debt, the important funding of the foremost investments for the longer term and the preservation of a French mannequin which has not succeeded for many years to self -finance.

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