In this issue, you will find Stéphane Colliac's editorial and the update of our “EcoNews” and “markets review” sections.
France's fiscal deficit worsened in 2023 and 2024. Spending growth was maintained, despite the slowdown in public revenues growth. The 2025 budget should enable consolidation to begin thanks to a rebound in revenues. However, spending as a share of GDP is expected to remain relatively stable. The challenge of continuing fiscal consolidation in 2026 therefore remains intact. This exercise will be constrained by the expected increase in interest payments and military spending.
The latest economic news.
Equity indices, Currencies & commodities, and Bond markets.