Extra debt now not an answer | De Volkskrant – Netherlands
An rate of interest hike will hit France exhausting, La Croix fears, including that the individuals ought to concentrate on this earlier than the final elections:
“For nearly 50 years our nation has been dwelling past its means with a funds deficit. The ECB’s accommodating coverage hid this actuality, however just for a time. The bulk that emerges from the polls on June 19 will face a brand new state of affairs. Within the meantime, voters ought to have a look at the events’ programmes – each these which contain spending with out counting and people who promise additional tax cuts – with extra objectivity. In each circumstances there’s the hazard that these guarantees will fail due to debt financing.”
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