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Editorial: Le Monde

  • Emmanuel Macron dissolved the National Assembly on June 9, shifting the political focus.
  • The forthcoming 2025 budget is a concern, and the potential change in government has sparked a spree of spending promises.
  • France faces a public deficit of 5.5% of GDP and a debt totalling 3.2 trillion euros.
  • The European Commission intends to open an excessive deficit procedure against France.
  • The RN's programme is incompatible with European regulations and budgets.
  • The presidential majority's proposal for further rash spending promises erodes their credibility.
  • Tax revenue projections have been overestimated by 21 billion euros in 2023.

Conclusion: Such frivolous spending promise is detrimental to democracy and casts a disastrous image of France within the EU. It violates EU rules and fosters public frustration.