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AB 2000 studies

Alain Boublil Blog

   

France

Strengthening out the public accounts

The Prime Minister based his strategy on clarifying France's economic situation. He is seeking, through a vote of confidence in the National Assembly, the approval of his analysis before formalizing and adopting in the framework of the next budget the measures he intends to take to remedy the country's difficulties, first and foremost its excessive debt. So far, this method has not garnered sufficient support from political organizations and it is highly likely that it will be denied confidence. France will enter a new period of political instability.

The situation of public finances is a major issue but ...

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The foreign trade hole

Since the beginning of the month, two important figures relating to the French economy have been published: the latest estimate of the public deficit for the year 2025 and the balance of foreign trade in goods for the first half of the year. Neither of them was a pleasant surprise. With a rate of 5.4% in relation to GDP, an increase compared to 2024, the government is forced to adopt a finance law for 2026 including an effort to reduce the significant deficit, in excess of 40 billion euros, but it does not yet have a majority in the ...

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2026 : a blank year or a bleak year?

The Prime Minister has just made public the measures that his government plans to submit to Parliament on the occasion of the adoption of the finance law for 2026. The objective is to halt the deterioration of the country's public and social finance situation by proposing savings and increases in household taxes. The concept of a "blank year" covers the freezing of spending and social benefits for one year. But by weighing on household resources, doesn't this risk slowing down consumption, and therefore growth with a rise in unemployment, and causing a "black year"?

The place is still ...

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