Pierre Moscovici Discusses Government Crisis and Economic Challenges in France
In an appearance on ‘4V’, Pierre Moscovici, the first president of the Cour des comptes and former Minister of Economy, highlighted the dire economic situation of France amid the looming censure motion against Michel Barnier’s government. He warned that without a budget, there would be increased taxes and reduced security, affecting millions of households. Moscovici pointed to the alarming national debt of €3.2 trillion, which represents 110% of the GDP, and the critical implications of potential government dissolution.