Faced with France's deficit, the European Commission spares the Barnier government – ​​Libération

In its opinion on the trajectory for restoring the public accounts of EU member states, the European Commission deemed the Paris commitments credible and granted it additional time to get back on track.

There is at least one to whom the Barnier government's budgetary intentions suit, and that is the European Commission. While the debates on the finance and social security financing bills are heating up in the Assembly, it delivered a favorable opinion this Tuesday, November 26 on the trajectory for restoring public finances until 2029, which France submitted it to him on October 31. This document, called the medium-term budgetary and structural plan, is a novelty resulting from the recent reform of the stability and growth pact. It replaces the stability program.

The Commission, which opened an excessive deficit procedure against France in July, considered in its “autumn package” that the French plan, like 19 other European ones, meets the requirements of the new rules and sets “a credible framework” to eliminate debt. It recommends to the Member States, who will discuss this subject next week and then in January, “to approve the trajectory of net expenditures provided for in these plans”. Trajectory for which France obtained a deadline