France: 2011 social security budget act marked by reduced social niches

After deficits soared in 2009 because of the economic crisis, 2010 witnessed a slight improvement in the situation of French corporate financial statements. Indeed, the deficit of the social security scheme for private sector employees in 2010 should amount to €23.1 billion, while 2009 forecasts planned a deficit around €30.6bn. Building on this result, less unfavorable than anticipated, the government would like to increase the fight against deficits.  It is now done with the 2011 budget the National Assembly permanently adopted on November 25th.
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xt-align: justify;”>After deficits soared in 2009 because of the economic crisis, 2010 witnessed a slight improvement in the situation of French corporate financial statements. Indeed, the deficit of the social security scheme for private sector employees in 2010 should amount to €23.1 billion, while 2009 forecasts planned a deficit around €30.6bn. Building on this result, less unfavorable than anticipated, the government would like to increase the fight against deficits. It is now done with t

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