Don't miss

Replay


LATEST SHOWS

EYE ON AFRICA

Seven African countries' economies at risk over Brexit decision

Read more

THE DEBATE

Britain votes out: What next?

Read more

#TECH 24

The 'fintech' revolution

Read more

FRANCE IN FOCUS

A certified 'palace': How hotels strive for excellence

Read more

#THE 51%

In her own image: Women in Art

Read more

REPORTERS

World War I: When northern France was on German time

Read more

REVISITED

Video: Ugandan city still scarred by Lord's Resistance Army atrocities

Read more

MEDIAWATCH

#Brexit sparks a storm on social media

Read more

BUSINESS DAILY

Markets, pound plunge on Brexit vote

Read more

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.

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

2016-06-23 European Union

Britain's 'Day of Reckoning'

As Britain heads to the polls, the "Brexit" referendum is dominating newspapers in and out of the UK. France's La Croix calls June 23rd "D-Day" while Libération wonders "Qui est...

Read more

2016-06-22 labour law

Government and trade unions 'arm-wrestle' over labour reform

FRENCH PAPERS - Weds. 22.06.16: Papers are continuing to focus on the arm-wrestling match between the government and trade unions. The government has drawn criticism for...

Read more

2016-06-21 Italian politics

From Rome to Paris, women are conquering European cities

INTERNATIONAL PAPERS - Tues. 21.06.16: Papers continue to focus on the big wins for the anti-establishment Five Star Movement and women in local Italian elections. Also, British...

Read more

2016-06-21 labour law

Will protests be banned?

FRENCH PAPERS - Tues. 21.06.16: Papers focus on the ongoing arm-wrestling match between the government and trade unions. Unions want to stage a new demonstration this Thursday...

Read more

2016-06-20 Brexit

Leaving the LEAVE campaign: Tory member quits in protest

IN THE INTERNATIONAL PAPERS - Monday, June 20: Three days out from the UK's EU referendum, a top Tory member has left the Leave campaign over what she says are racist and...

Read more