The French Ministry of the Economy announced yesterday (Wednesday April 10) that it will be necessary to find 10 billion euros in additional savings this year and is now forecasting a deficit of 5.1% in 2024, a little more than the previous forecasts. Lower revenues than expected were the cause of the public deficit slipping last year.
This situation rekindles the debate on the fear of debt, after several years of “whatever it takes”.
Why is it difficult to save money? Is this growing deficit so serious? How can we explain the differences between France and its neighboring countries?
To debate it :
– François Ecalle, economist, public finance specialist, president of the association Fipeco (Public Finance and Economy), honorary senior advisor to the Court of Auditors
-Christian Chavagneuxeconomist and editorialist on the websiteEconomic alternatives
-Andreas Eislresearcher in European economic policy at the Jacques Delors Institute and associate researcher at the Paris Institute of Political Studies (Sciences Po)