Friday, June 3, 2016

François Hollande reduces by half the effort of Commons – Le Monde

Le Monde | • Updated | By

François Hollande,  June 2, in the lounge of the Mayors of France,  exhibition center, Porte de Versailles.

good news for mayors, less good for Bercy. It is indeed no less than 2.2 billion euros Francois Hollande dropped in the basket of Commons, Thursday, June 2, at the closing of 99 th Congress of the Mayors Association France (AMF). It halved the decline in allocations planned for 2017. The Financial recovery path provides that local authorities contribute up to 11 billion euros to 50 billion euros in savings over 2015-2017. A decrease in overall operating grant of 3.67 billion euros annually, the communal block (cities and intermunicipal) supports 2 billion. Their effort in 2017 will drop to 1 billion.

“I considered that the current state of public finances, this is what I …

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