HomeEconomy"No White Year": Pierre Moscovici discards this option for budget 2026

“No White Year”: Pierre Moscovici discards this option for budget 2026

The first president of the Court of Auditors is not favorable to a budgetary freezing and advocates a reform of public policies.

It is no. The track of a “White Year” for the 2026 budget does not have the favors of Pierre Moscovici, the first president of the Court of Auditors, because “we do it only once”, and that such frost does not allow to “reform public policies,” said Sunday in the Radioj microphone.

Prime Minister François Bayrou must announce its orientations for the next budget before July 14, to generate 40 billion euros in efforts. Several clues circulate, including that of a “White Year”, a budgetary freezing.

“In terms of public spending, I am always in favor of a structural approach, which reforms public policies, rather than any form of brush,” said Pierre Moscovici in this interview, which will be broadcast on Sunday at the beginning of the afternoon.

Duration efforts

“A” White Year “,” It would be what is called ‘One Shot’. We do it again and again, what are you doing? While it is not in 2026 that it is necessary to make efforts, it is in 26, 27, 28, 29 and 30 at least. And for that we must modify public policies, “he judges.

“It must be shared among the French according to their contributory capacity, the more you have to have, the more you will have to pay” and “you must first save on expenses and then, possibly, marginally and just resort to the fiscal tool,” adds Pierre Moscovici.

While public spending is reaching “57% of GDP (…), the highest rate in Europe. If we gradually return to 54, 55, we would only have thin, (…) we would not have melted. We are not imposing an austerity to the French”, which would consist of “touching the services, (…) breaking the public service,” he argues.

When asked about a possible candidacy for the presidential elections in 2027, Pierre Moscovici indicates that in September 2026, at the end of his mandate in the Court of Auditors, he would be “a free man. I will participate in the political debate I will also participate in the reflection on the presidential election. Candidate, I do not think about that,” he said.

“Can you think about it or not?” The recovery of the journalist: “It can come to me, since it may not reach me, when I see all the people who think about that … I have never been obsessed with the presidential elections,” said Pierre Moscovici.

Author: HC with AFP
Source: BFM TV

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