The so-called Republican Right (all primary candidates combined) implies: if they win the presidential election, don’t expect the 3% deficit target to be respected next year.
Because with the burden of electoral promises, there will need to be means to finance reforms while lowering taxes.
Here are the future French leaders, already among the least credible in Europe regarding their budgetary commitments, indulging in a new little anti-austerity thrill.
Encouraged, it must be said, by many economists who advise taking advantage of very low rates to loosen the grip of austerity.
We can be sure of one thing: if one electoral promise is to be kept, it will be this one.
