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IN THE PAPERS

'Macron Economics'

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Live from the newsroom, we provide an overview of the stories making the French and international newspaper headlines. From Monday to Friday at 7.20 am and 9.20 am Paris time.

IN THE PAPERS

IN THE PAPERS

Latest update : 2012-07-03

Awash in numbers

It’s wall-to-wall economics in the French papers today: they’re pouring over the numbers in the state auditor’s report, and with the state of public finances come dark warnings and dubious word play about "rigour" and "austerity". Les Echos and Le Figaro say the budget shortfalls are so dire that the government will have to backtrack on its extravagant promises.

Just how bad is it? The budget shortfalls range from 6 to 10 billion euros this year, and are expected to reach up to 60 billion euros next year, according to La Croix

Same story, darker tone in Les Echos, which says France is condemned to implement unprecedented austerity measures. It will have to reconcile extravagant campaign promises with the cold reality of budget restraints.

Le Figaro, too, warns that the government will have to renege on campaign promises made just a few months ago, including the 60,000 teachers and support staff that Francois Hollande had planned to hire. 

By Kyle G. Brown

COMMENT(S)

Archives

2014-08-27 French economy

'Macron Economics'

FRENCH PAPERS - Weds. 27.08.14: The leading story in the French press today is yesterday's cabinet reshuffle. According to a poll in Le Parisien, most French people welcome the...

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2014-08-27 tourism

'The capital of sex, drugs, alcohol, trash and trashy tourism'

INTERNATIONAL PAPERS - Weds. 27.08.14: Papers across the world focus on a long-term ceasefire agreement between Israel and Palestinian militants in the Gaza Strip. Also, the...

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2014-08-26 French economy

'Irreconcilable differences'

INTERNATIONAL PAPERS - Tues. 26.08.14: The French government is dissolved and a full reshuffle announced. Papers across the world react to this political upheaval. Who is...

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2014-08-26 French economy

'Crisis in the ranks'

FRENCH PAPERS - Tues. 26.08.14: The current political crisis is gripping the French press today. Papers focus on the major rift between President François Hollande and outgoing...

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2014-08-25 Barack Obama

Prime suspect 'Jihadi John'

The British papers are leading on the hunt for a jihadist thought to be the murderer of US journalist James Foley. One UK MP and a former archbishop are calling for British...

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