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DAVOS 2017: Trump 'could hit the ball out of the park'

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BUSINESS DAILY

DAVOS 2017: May's Brexit plan 'not realistic'

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THE DEBATE

Showdown in Gambia: Foreign troops at border as Jammeh refuses to go (part 1)

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THE DEBATE

Showdown in Gambia: Senegalese troops enter Country as Jammeh refuses to go (part 2)

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PEOPLE & PROFIT

Davos 2017: Global leaders try to understand populist surge

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BUSINESS DAILY

DAVOS 2017: What next for the global healthcare industry?

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New initiative provides free services to homeless in Paris

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THE INTERVIEW

Moving US embassy to Jerusalem would be 'a terrible mistake'

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Hisham Matar's memoir 'The Return' seeks answers in post-Gaddafi Libya

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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

2017-01-19 François Hollande

Is Hollande eyeing 'European Council president' post after he steps down?

IN THE FRENCH PAPERS - Thursday, January 19: The seven candidates hoping to be the French left's presidential pick go head-to-head in the final debate before the primaries this...

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2017-01-19 climate change

11th hour: Scientists say primates facing 'imminent extinction'

IN THE WORLD PAPERS - Thursday, January 19: 2016 was the hottest year on record, a phenomenon that is being blamed on human activity. Also endangered: primates who are facing...

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2017-01-18 Brexit

French papers: A small slap for Valls, a major PR blow for his campaign

FRENCH PAPERS - Weds. 18.01.17: French papers react with alarm to the British prime minister's highly anticipated speech in which Theresa May clarified her government's "hard...

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2017-01-18 Theresa May

Theresa May: 'It's my way or the highway'

INTERNATIONAL PAPERS - 18.01.17: British papers react to PM Theresa May's highly anticipated speech in which she clarified the government’s "hard Brexit" plans. Also, the world...

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2017-01-17 Brexit

'Great Brexpectations'

INTERNATIONAL PAPERS - Tues. 17.01.17: In the UK, Theresa May is set to give a speech in which she will present a 12-point plan for Brexit. British papers are calling it her most...

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