The incapable State: what civil servants say about making public spending more effective

Freezing the income tax scale: an effort “of a few euros per month for a few hundred thousand households”

The impact of this measure, included in the 2026 draft budget, is “proportionally much smaller than that which we will ask of wealthier and wealthier households,” underlines Amélie de Montchalin.

Sluggish growth, inflation, budget deficit: are we witnessing the end of Russian “military Keynesianism”?

DECRYPTION - After years of insolent growth boosted by the war effort, Russia is entering an unprecedented zone of turbulence.