Public debt: for a collective surge! | EUROtoday

Dn one in all his first media interviews dedicated to the budgetary sequence which was opening, the brand new Prime Minister Michel Barnier declared a priori unequivocally: “We should all make an effort. » The scenario of our public funds is certainly notably dangerous and is now tainting the monetary credibility of our nation.

As a reminder, a public debt of 110.6% of GDP on the finish of 2023 and a deficit which can exceed 6% on the finish of 2024. It is in such a context that the federal government is making ready to defend a price range involving greater than 60 billion euros in efforts, and not using a parliamentary majority or tangible democratic assist. Is this a misplaced sport prematurely?

A collective selection for debt

The process just isn’t straightforward because the budgetary seriousness…