War in Ukraine: according to Pascal Perri, the wealthiest French will have to “tighten their belts”

Faced with this crisis, it will be necessary to help the most modest families. France, which already has a debt of 113% of GDP at the end of the health crisis, will still have to face “new expenses”, insists the economist. “We will have to support the spending effort, households, businesses.”

“My bias”he explains, “it is to tell the middle and upper classes that we will be forced to tighten our belts”. “If we commit public money, we will have to do it for people in difficulty, not for people like me. We will tighten our belts, we will go on vacation less, we will finance our leisure activities less, we will accept pay more for gasoline […] We will have to accept a reduction in our standard of living. The French who earn a good living will have to arbitrate their expenses.

“We don’t touch taxes, we don’t lower taxes anymore”concludes Pascal Perri.

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Alexandra Hartman Editor-in-Chief

Editor-in-Chief Prize-winning journalist with over 20 years of international news experience. Alexandra leads the editorial team, ensuring every story meets the highest standards of accuracy and journalistic integrity.

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