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MEDIAWATCH

Posters & Political Spin

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THE CAMPAIGN BEAT

Macron and Le Pen battle it out to woo blue-collar workers

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THE DEBATE

France's Undecided: Anti-Le Pen vote no longer a given (part 1)

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THE DEBATE

France's Undecided: Anti-Le Pen vote no longer a given (part 2)

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FOCUS

LGBT survivors of torture in Chechnya speak out

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MIDDLE EAST MATTERS

Lebanon: Activists ramp up pressure over rape law

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ENCORE!

Film show: 'Django', 'The Paris Opera' and 'Manhattan'

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THE CAMPAIGN BEAT

Is Emmanuel Macron acting overly confident?

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BUSINESS DAILY

Trump vs Trudeau: Rising trade tensions between US and Canada

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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

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2017-04-25 Emmanuel Macron

Was Macron's first round celebratory bash too brash?

IN THE FRENCH PAPERS - Tuesday, April 25: Centrist candidate Emmanuel Macron comes under fire for a party he hosted after winning the first round of France's presidential...

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