France to breach EU deficit rules

Discussion in 'Europe' started by Said1, Sep 29, 2005.

  1. Said1
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    Said1 VIP Member

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  2. Hagbard Celine
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    Hagbard Celine Senior Member

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    Well this isn't good at all. The EU is going to have to punish France for being such a bad bad girl.
     
  3. ekrem
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    ekrem VIP Member

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    The Problem is Germany broke the fedicit the last 2 years, too.

    EU says no deficit more than 3 % of GDP.

    Greece for example tricked their memebership in € (Euro-currency)-membership.
    And is now going to fear massive punishment.

    In the year Greece joined €-Currency they gave their Budget with about 2.8 % deficit.
    Now it is clear that Greece had in thisyear about 6 % deficit. Since Then greece always missed 3%.


    So, nothing special with france. France + Germany are not that doing good in economy, but UK is booming.
     
  4. padisha emperor
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    padisha emperor Senior Member

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    Well, just a thing : France as bigger deficit than 3%, and one of the reason is the the State, in France, spends a lot of money. Where ? to Whom ?to public services, to hospitals, to the Healthcare system ("Sécurité Sociale"), education system..............et caetera.

    All this money represents an awesome quantity of money. But it is used, and brings to France an excellent public services system : excellent hospitals : OMS, the World Health Organisation, puts France #1.
    Excellent schools, and formation from 6 to 18. And also good universities, and excellent high schools (to 25-26, sometimes more).
    And it was just two examples, there is also the trains, the fact that everybody, even without money, can be healthed.

    Lots of British come to France to live in. Why ? they said that life is far far better in France, for the quality, for the services. And in comparaison to UK, the french services in France (public services) are Paradize.

    So, Uk's economy is booming, but more and more UK's citizens leave to live in France.....
     

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