“The financial crisis is before us, we must prevent it” – L’Express

The financial crisis is before us we must prevent it

Michel Barnier raises the risk of a possible future financial crisis. It “is before us, we must warn it”, said the Prime Minister this Friday, October 4 to justify his measures of 60 billion savings in the next 2025 budget, including 40 billion in spending reductions and 20 billion in taxes. additional.

“This braking is essential, otherwise we are heading straight towards a financial crisis. (…) It is before us, we must prevent it”, affirmed the Prime Minister on the sidelines of a trip to the Livestock Summit in Cournon-sur-Auvergne (Puy-de-Dôme).

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“We will try to do better or better with less money”

“I want to prevent it to protect the weakest, particularly savers,” he added. “So we’re going to try to do better or better with less money, and I think it’s possible.” “There are many communities, right here, in the regions, the departments, the municipalities which have made efforts to better manage public funds. And this is also in the interest of taxpayers,” he said. -he emphasized.

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On the other hand, the commitments made by the previous government in favor of farmers, contained in a bill which will be taken up by the Senate, “will be kept”, he assured. He again cited the “simplification” measures, after promising Thursday to “take a break from the standards”, which make it possible to “save a lot of money and (to) boost the morale of farmers”.

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