Debt: spared by S&P, the executive must now accelerate its budgetary projects

2023-06-04 14:52:45

Minister during the five-year term of Nicolas Sarkozy, Bruno Le Maire had not forgotten that the deterioration of the AAA rating of the French debt, at the beginning of 2012, had politically disconcerted the head of state before the presidential campaign.

It is therefore a certain relief that must have won the tenant of Bercy after the announcement Friday evening by the agency Standard and Poor’s of a maintenance of the French rating at “AA”. A relief which is in reality only a short respite, while three complicated budgetary projects are looming.