Pierre Moscovici: “Savings efforts unprecedented in recent history are necessary”

2024-03-12 06:33:38

Interview

The Court of Auditors unveils its annual report this Tuesday, focusing on the challenges of adapting to climate change. On public finances, its first president, Pierre Moscovici, criticizes the government’s growth forecasts and judges that the budgetary trajectory for this year remains precarious. It will take a massive and unprecedented savings plan over three years to bring the deficit below 3% of GDP in 2027.