Jean-Pierre Robin: “Abundant and poorly paid, the savings of the French help public accounts”

Sébastien Lecornu and Jean-Luc Mélenchon have one thing in common: they want to revitalize the Livret A, the favorite savings instrument of the French, of whom 58 million hold one. The Prime Minister announced last week the increase, in February 2027, of his ceiling to a range “between 25,000 and 30,000 euros”, he said, against 22,950 euros currently, at the same time as his rate of remuneration, today 1.7%. Shortly before, LFI had proposed increasing the maximum deposits to 30,000 euros, which has not changed since 2013 and remains below its 1976 level in constant currency.

The government wishes to extend the funds collected to uses other than social housing. It plans to finance 60% of EDF's EPR 2 nuclear program and help local authorities renovate high schools. The latter will thus be able to borrow from the Caisse des Dépôts et Consignations (CDC), which centralizes 60% of the collection of the Livret A (the 40%…