France is going through a major social crisis resulting from the government will to reform the pension system. The promulgation of the law including the postponement until 64 years old of the legal retirement age is not going to put an end to the dissent. In the same time the Paris stock market is breaking records. The CAC 40 index has even registered at the end of last week the highest increase among the major financial markets with +16.2% since the beginning of the year against 7.8% for the SP500 in New York, 13.5% for the German ...

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Usually, when we talk about deficit regarding the French economy, it is first the State budget one. We even were satisfied with its light reduction in 2022 compared to the initial forecasts. It has been revised downward and has so reached 147 billion when was expected at the end of last year a deficit near 170 billion. To the opposite the increase at an unprecedent level of the trade deficit, which is a much more revealing and worrying indicator of the weaknesses of the French economy, has given place to few comments. At the end of February, for the last ...

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It is not only in politics that the wrong ideas are prospering, in economy too and they have a hard life. Forty years ago, the 3^rd Mauroy government, after its reshuffle, announced measures which will be qualified as a rigor plan or as the “rigor turnaround”, along with a third realignment inside the European Monetary System. It is then interpreted by the opposition of the right as the recognition of the failure of the economic policy followed since the election of François Mitterrand and still today by a part of the left as a treason and the submission ...

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