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The chairman of the Finance Committee at the National Assembly calls on the European Union to cancel the “Covid debt”.
“Financial debt is less important than ecological debt”estimated on Thursday April 27 on franceinfo the LFI deputy and chairman of the Finance Committee of the National Assembly Éric Coquerel, about the French government’s desire to reduce public spending in the face of the country’s financial debt.
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“The debt that scares me the most for our children is not the financial debt, because that is cancellable”explained Éric Coquerel, who also calls for “Cancel Covid debt held by central banks”. According to him, “It has been done in the past. It’s 20% of our debt, 600 billion euros, which was created exceptionally during Covid-19″.
Canceling this part of our debt would be a European decision to be taken unanimously by the 27 countries. “France could at least defend it at European Union level”, asked the deputy. “A financial debt is something that can be handled politically”he finished.