What future for French savings?
Every Saturday, two economists debate topics that mark economic and social news.
In the midst of street mobilization against the high cost of living and high school demands, Prime Minister Sébastien Lecornu announces an increase in the Livret A ceiling for February. This measure is intended to finance the adaptation to climate change of public infrastructure, including high schools, but leaves banks skeptical against a backdrop of savers' disenchantment with this product. More broadly, Livret A could also be mobilized to finance France's defense effort and digital technologies in the face of AI.
Also read: State, savers, banks… Who (really) benefits from raising the Livret A ceiling? Projects around new savings guidelines are a real sea serpent that regularly returns to the headlines. Are the French ready to “save differently”?
To discuss it, Emmanuel Cugny and Benjamin Recouvreur welcome Nathalie Chusseau, member of the Circle of Economists, professor at the University of Lille, associate researcher at the Chair of Demographic Transitions, Economic Transitions of the Risk Foundation; and Marc-Olivier Padis, director of studies at the Terra Nova think tank.
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