Thierry Breton Proposes 'Golden Rule' for French Public Deficit by 2032

Former French finance minister Thierry Breton has outlined a plan to curb rising public debt, proposing that a 'golden rule' limiting the public deficit to 1% of GDP be enshrined in the French Constitution by 2032.

26 Mar, 04:45 — 26 Mar, 04:45

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le-mondeHigh26d ago

Thierry Breton: 'A golden rule limiting the public deficit to 1% of GDP must be enshrined in the French Constitution by 2032'

A country that devotes an ever-increasing share of its resources to paying for its past is no longer in control of its destiny, says former finance minister Thierry Breton, while outlining his plan to put a stop to the rise in public debt.

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Thierry Breton Proposes 'Golden Rule' for French Public Deficit by 2032

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Thierry Breton: 'A golden rule limiting the public deficit to 1% of GDP must be enshrined in the French Constitution by 2032'

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