The "big" bottom borrowing visibly
These days, advocates of fiscal orthodoxy seem to score points on the supporters of a massive debt. The president ruled between 25 and 50 billion euros will be invested in projects that build the future of France. That does not mean that the amount of the "great debt" will be too high.
First difference: the Elysee account used to finance part of the "future costs", public aid granted at the beginning of the crisis with French banks, which are paying off. Or 13 billion euros back into the coffers of the state and which will therefore be recycled. While the state had to borrow funds on the market a year ago before re-lending to banks …
Cofinancing
Second difference: The government has always been clear, most projects will be financed by the state and privately.To allow access to the Internet at high speed throughout, for example, the loan will finance a large part of the deployment of a huge network of fiber optic telecom operators but will also put their hands in their pockets . And their "contribution" could well be recorded in the 25 to 50 milliards displayed, provides a government source. Who goes: "It is true, ultimately, he could not keep a lot of money to borrow." Perhaps no more than 15 billion euros …
"Do not the French credibility differs from that of Germany", explained in any case Fran?ois Fillon on Thursday at the World.
In other words, Matignon would prevent total borrowings French (to fund all deficits, "great debt" included) than in 2010, that of German broadcasts.
And to avoid a surge in borrowing rates at which Bercy. The Treasury figures the additional borrowing capacity of France "between 20 and 30 billion euros", said the Premier.
Regardless, the executive does not repeat does not all the time that the important thing is not to set the amount of the loan but to define priorities for the future?
"Borrowing" Focus on new technologies and defense "
"Accoyer:" The prime minister has whistled the end of recreation "on the loan