The government now expects economic activity to decline by 8% in 2020, a public deficit of 9% and a debt of 115% of GDP, consequences of the announcements made by Emmanuel Macron on Monday evening. Read more…
Tag: budget
The government has decided to fund an additional 3.1 billion euros for the purchase of medical equipment, while it is preparing to announce a special premium for caregivers which could cost around 1 billion euros. Read more…
The High Council of Public Finance estimates that the government’s forecast of a recession at 8% and a public deficit at 9% of GDP could still be optimistic. Bercy hopes for a rapid return to Read more…
In less than 20 days, the European states have pulled out the big budgetary artillery, with new spending deemed sufficient by economists: this ranges from 1.4% for Spain to 3.9% of GDP for Germany, in Read more…