Gauthier Delomez 11:40 a.m., March 26, 2024
INSEE revealed this Tuesday that France's public deficit reached 5.5% of GDP in 2023. If the Minister of the Economy Bruno Le Maire said he was "determined" to fall below the 3% mark , Marc Fiorentino, specialist in financial markets, sounds the alarm in the show “Pascal Praud et vous”, every day from 11 a.m. to 1 p.m. on Europe 1. Listen to the extract again. You can react at 01.80.20.39.21.
5.5% of GDP, here is France's public deficit revealed by INSEE this Tuesday. A figure which may seem trivial to many, but which turns out to be very worrying according to Marc Fiorentino, specialist in financial markets. Guest on the show
Pascal Praud et vous
, the expert reacts to the words of the Minister of the Economy Bruno Le Maire, who said he was "determined" to go back below the 3% mark.
"It's incredible not to tell the truth, that is to say not to sound the alarm and say how dangerous the situation is (...). He minimizes the seriousness of the situation "This figure of 5.5% is dramatic", explains the economist, pointing the finger at state spending and in particular at the measures benefited by French people who did not necessarily need them, like checks fuel. “Unfortunately, the rating agencies must sanction us once and for all,” he asserts on Europe 1.