US EditionOutgoing French PM Speaks Truth About Nation's Debt Spiral
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9 Articles
Outgoing French PM speaks truth about nation's debt spiral
Outgoing French prime minister François Bayrou has spoken truth on national television about why the country finds itself in a debt spiral. This week, Bayrou called a confidence vote which will effectively ask MPs to either endorse his view that austerity is necessary to reduce the public deficit. However, with the left and far-right in France’s parliament expected to vote against Bayrou, he is likely to lose the vote, which will result in the c…
French political instability is worsening in the midst of parliamentary debate on an ambitious fiscal adjustment plan, including budget cuts, the freezing of benefits and the abolition of public holidays
Three quarters of the French would not vote for confidence in the Prime Minister. The Odoxa-Backbone Consulting poll for Le Figaro published this Thursday confirms François Bayrou's isolation on the eve of the decisive election...
SOUNDING - Our Odoxa-Backbone Consulting study reveals that the country would hold the Prime Minister responsible in case of a "serious crisis" after its fall.
The burden of interest is now the largest item in the state budget. Prime Minister François Bayrou now wants to freeze social benefits and abolish holidays – and he threatens that France could become a new Greece, trust and responsibility or chaos and anarchy? Prime Minister François Bayrou will be voting for the very big words these days. He warns, appeals, asks and demands. On 8 September, the MPs of the National Assembly should give him their…
In the face of a deficit that worries creditors and rating agencies, François Bayrou puts on a plan of savings of 44 billion euros. The Prime Minister warns: it is a matter of responsibility, not austerity. But the opposition is already promising the parliamentary battle. A massive plan to correct public accounts "We are living a critical moment in our national history", launched François Bayrou. The Prime Minister presented Monday his draft bud…
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