Latest update: 06/07/2012
Economy Downturn: Can the Socialists impose austerity?
The dreaded numbers are in and they are not good. France needs to find 11 million euros to reach its budget deficit target this year and a whopping 33 billions for next year. This at a time when growth is expected to screech to a halt and as the euro crisis is still hovering on the horizon.
By FRANCE 24
On the set :
- Anne-Elisabeth Moutet, columnist, the Sunday Telegraph
- Denis Demonpion, Senior writer, Le Nouvel Observateur Magazine
- Mathieu Doiret, Ipsos Polling Institute