Why did Moody’s maintain the French rating despite the budgetary slippage?
Concretely, the circular provides for deducting from the aid received, income earned from the sale of goods stolen during the riots.
Quick Look
The French government will sign a circular allowing income earned from the sale of goods stolen during riots to be deducted from social assistance, a measure announced by the minister.
AI-generated summary
Why It Matters
The government is taking action against perpetrators of looting during riots by targeting their social benefits.
“Social benefits are over!” : the government will sign a circular allowing the withdrawal of aid from looters
Concretely, the circular provides for deducting from the aid received, income earned from the sale of goods stolen during the riots. “Thugs, looters, thieves: social benefits are over!” thundered the minister on the social network X.
What to Watch
AI outlook — possibilities, not facts
Signing of the ministerial circular
Very likely · Within days
Open Questions
- What is the exact date of implementation of the circular?
- How will the sale of stolen goods be proven?
