2023-06-30 12:03:39
Between the end of 2021 and the end of 2022, the euro zone reduced its public debt to GDP by 4 points on average. New Africa / stock.adobe.com
DECRYPTION – Most European countries have reduced their debt to pre-covid levels.
“If France is the country that makes the least effort on its debt, it will eventually show!” alarmed the president of the Court of Auditors, Pierre Moscovici, just a year ago, in the columns of the Figaro. We are there: France, passing the symbolic milestone of 3000 billion in debt in the first quarter of 2023 is now in the eye of the storm. Already, the delivery in the spring by all the States of their public trajectories for the next few years, had been an opportunity to raise awareness, Paris displaying – despite the pension reform and the savings promised – much less ambitious objectives. In 2026, according to its projections, France would thus be the only major European state not to post a GDP deficit of less than 3%.
How to explain it? In times of tension, the French state…
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