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FARC disarmament a 'historic day' for Colombia, says president

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Cruise collections: All aboard for Dior and Chanel's latest fashions

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ENCORE!

Colombia comes to France

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#THE 51%

The last taboo: Helping women and girls. Period.

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Who benefits when the ice caps melt?

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Frustration mounts over state of economy in Nigeria

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Will global warming ruin French wine production?

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The birth of a film industry: Hollywood and World War I

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THE INTERVIEW

'Accusations of terrorism are false', says Qatar's foreign minister

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IN THE PAPERS

An overview of the stories making the French and international newspaper headlines. From Monday to Friday live at 7.20 am and 9.20 am Paris time.

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

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Archives

2017-06-23 Brexit

'Philando Castile's death poses questions that still need answering'

INTERNATIONAL PAPERS - Fri. 23.06.17: British Prime Minister Theresa May gets a warm welcome at a two-day EU summit in Brussels, but many papers expect a clash to come....

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2017-06-23 weather

When it's hot, how much skin can you show at work?

FRENCH PAPERS - Fri. 23.06.17: One year after the Brexit referendum, many French papers are still holding out hope that the UK will remain in the EU. Meanwhile, the photo of the...

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2017-06-22 Saudi Arabia

Saudi Arabia's 'Prince of Chaos'

INTERNATIONAL PAPERS - Thurs. 22.06.17: The Washington Post gets a glimpse of the Senate Republican plan to replace the Affordable Care Act - criticised as a "stingier" version...

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2017-06-22 Emmanuel Macron

Macron's government, take two: 'Reviewed and corrected'

FRENCH PRESS - Thurs. 22.06.2017: The re-appointment of the French government following legislative elections is usually just a formality, but Emmanuel Macron had to make several...

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2017-06-21 Portugal

Portugal's papers soul-searching after deadly fires

IN THE WORLD PAPERS - Thursday, June 21: Portuguese papers are soul-searching today as they try to make sense of devastating fires that have killed dozens of people. Also, the...

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