Alexandre Chauveau / Photo credits: MAGALI COHEN / HANS LUCAS / HANS LUCAS VIA AFP
INSEE is expected to reveal next Tuesday a public deficit greater than 5% of GDP for the year 2023, a figure confirmed by Thomas Cazenave, Minister of Public Accounts. The right-wing opposition did not miss this opportunity to denounce the macronie’s incompetent management of public finances.
INSEE should reveal next Tuesday the level of France’s public deficit in 2023. According to Thomas Cazenave, the Minister Delegate in charge of Public Accounts, this should be greater than 5% of GDP, more than the objective of 4 .9% set by the government. France could thus see its rating downgraded soon by the financial rating agencies. On the right, the opposition sees this as a demonstration of the macronie’s incompetence in matters of public finance management.
“We are taking the same path as Greece”
Marine Le Pen denounces a “terrible” economic record. “We are taking the same path as Greece,” warns Eric Ciotti. Faced with the poor public deficit figures expected on Tuesday, the right is sounding the alarm and demanding accountability from the government, accused of having voted for an insincere budget last November.
Among Les Républicains, the threat of a motion of censure appears more and more plausible in the event of an amending finance bill. “If the government tries to use the Coué method again, things will be better tomorrow, we sweep the dust under the carpet, so yes the risk of a motion of censure is very close, because we cannot let this government take us further down the slope of decline, even further into the vicious circle of debt which will impoverish the whole country”, explains Fabien Di Filippo, LR deputy for Moselle.
The right defends itself against any exploitation
The right defends itself against any political manipulation but claims to have warned for several years about the seriousness of the country’s financial situation. At the National Rally as among the Republicans, many are now bitterly ironic about the “Mozart of finance”, a nickname given to Emmanuel Maron after his time with Rotschild.