France Risks Running Out of Cash for Social Spending, Auditors Say

The figures revealed in the new report of the Court of Auditors should talk to each of us, more in any case than the level of the budgetary debt —... Read article Eric Revel : Trou abyssal de la Sécu, it's still the French to pay ? appeared first on current values.

More than one in two controls in the CPAS results in recovery of social allowances unduly collected. However, the sums concerned are marginal. ...

The Court of Auditors of France draws a warning signal on the financial health of the country's generous social protection system.

The French Court of Auditors has sounded the alarm over the state of public finances, warning that social spending is out of control. The Court warned that the lack of funds could affect social benefits payments as early as 2027.

France risks running out of cash for social spending, auditors say

Court of Auditors warned that a “liquidity crisis” could impact benefits payments as soon as 2027.

The Court of Auditors warns in a report published on Monday 26 May that the "out-of-control" financial trajectory of social security "leads to an increasingly serious risk of a liquidity crisis", which could "be materialised by 2027".