what exit doors for France? The informed of the eco of June 3

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Every Saturday, two economists debate topics that mark economic and social news.

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The Ministry of Economy and Finance in Paris on May 25, 2023 (VINCENT ISORE / MAXPPP)

Emmanuel Cugny and Jules De Kiss receive Maya Bacache-Beauvallet professor of economics at Telecom ParisTech, member of the High Council of Public Finances, and Jean-Herve Lorenzi, President of the Economic Meetings of Aix-en-Provence.

A month after the sanction of the Fitch rating agency, the worst has been avoided: the agency S&P Global has decided to maintain France’s rating at “AA”. The French government had done a lot to convince people of the seriousness of its budgetary initiatives. These ratings come at a time when the executive is struggling to turn the page on pension reform, which has illustrated the difficulties in passing laws in Parliament, while being the subject of strong social protests. How to raise the bar in terms of public policy?

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