the Court of Auditors is concerned about the French dropout

by time news

2023-06-29 21:37:40

The seat of the Court of Auditors, in Paris (1st). 429652871/HJBC – stock.adobe.com

DECRYPTION – By 2027, France must achieve around sixty billion in savings.

Around 60 billion euros in savings by 2027. To meet its commitments to Brussels, and thus return to the European average, France will have to go on a serious diet, warns the Court of accounts in its latest report on public finances. Faced with the magnitude of the challenge, the institution recommends reviewing budget software. “Despite numerous attempts, we have never succeeded in influencing the dynamics of public finances, for fifty years“, insists Pierre Moscovici, the first president of the Court, who has just completed his latest report on the situation and prospects of French public finances.

In order to find a consensus on these subjects of expenditure reduction, by definition objects of tension, “we have to get out of ourselves” and “accept that the issue of public finances is not reserved for a dialogue between a few within the executive“says Pierre Moscovici. “For this, we must first…

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