12. July 2024

Dr. Landry Charrier in an interview with Deutsche Welle on populist economic policy Dr. Landry Charrier in an interview with Deutsche Welle on populist economic policy

In an interview with Deutsche Welle, Dr. Landry Charrier analyzes the appeal and possible consequences of populist economic policy in France.

Dr. Charrier in the Deutsche Welle interview
Dr. Charrier in the Deutsche Welle interview © Deutsche Welle
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Both the political right and the left-wing alliance were able to score points in the new elections in France with expensive promises, such as a return to retirement at 60. But there is simply no money for this. France is already groaning under a gigantic mountain of debt, with the deficit growing year on year. Only recently, the financial markets reacted to this unrestrained debt policy by downgrading the country's credit rating. But what drove French voters to vote for a populist economic policy that cannot be financed and can hardly be implemented in the new parliament without a majority of its own?

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