The nagging problem of public finances in France
The IMF is skeptical about the French ability to control their public finances. According to April projections, the public deficit would remain close to 6% of GDP until 2030. This…
Philippe Waechter's blog
From Today to Tomorrow – January 14 – The matter of public debt
Swiftly expanding public debt to support macroeconomic adjustment is entirely warranted to tackle the pandemic, and this process is facilitated by mammoth intervention from the central banks. Meanwhile, low interest…
From Yesterday to Today – November 3 – France, its Public Deficit and the fragility of the Euro Area
The IMF suggests that France should revive its economy but also should plan a strategy to rebalance its public finances as soon as activity picks up. Its fear is a…