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Tight funds after the elections | La Croix – France

An rate of interest hike will hit France onerous, La Croix fears, including that the folks ought to pay attention to this earlier than the overall elections:

“For nearly 50 years our nation has been dwelling past its means with a finances 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 instances there may be the hazard that these guarantees will fail due to debt financing.”

This text was initially revealed by eurotopics.internet. Learn the unique article right here.

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