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法国高福利政策
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法国频换总理,症结在于财政困境
Core Points - The appointment of former Defense Minister Le Cornu as the new Prime Minister of France marks the fifth change in this position within two years, highlighting the instability in French politics [1] - The new Prime Minister faces significant challenges, including high national debt, fiscal imbalance, and declining economic competitiveness, which are critical for the sustainability of his tenure [1][5] - The French government has been struggling with a rising debt-to-GDP ratio, which has exceeded the 60% international warning line, and a deficit rate that remains above the 3% threshold set by the Maastricht Treaty [3][4] Fiscal Challenges - The French government is grappling with a soaring deficit and debt rate, necessitating both spending cuts and increased tax revenues, which have sparked public discontent [2] - The recent history of frequent Prime Minister changes is linked to the government's inability to effectively manage fiscal policies amid a fragmented political landscape [2][5] - The debt crisis in France can be traced back over the past fifty years, with significant spikes during the 2009 Eurozone crisis and the COVID-19 pandemic, leading to a current debt rate of approximately 113% [3][4] Economic Performance - France's economic growth has stagnated at around 1% annually since 2012, contributing to the challenges faced by successive Prime Ministers [5] - The new Prime Minister is expected to align with President Macron's focus on addressing the economic impacts of the Russia-Ukraine conflict while tackling long-standing fiscal issues [5]