Bringing French Debt Back to 110% of Gdp Would Require an Effort of €110 Billion

Le Figaro

Lean Right

Factuality

Ownership

DECRYPTAGE - According to the OFCE, such a fiscal adjustment would be matched by an increase in the unemployment rate to 9%. The independent body suggests a "softer" effort of €80 billion to preserve economic dynamics.

lesechos.fr

Factuality

Ownership

In order to reduce debt to 110 per cent of GDP in the long term, an effort equivalent to 3.5 per cent of GDP will be necessary, says the OFCE, which advocates a slower and less painful recovery than that of the government.