Politics · France · 2 hrs ago

Bercy warns civil service pensions may crowd out public service spending

Bercy warns civil service pensions may crowd out public service spending

Bercy has highlighted a possible effect of civil service pensions on public spending in France.

Bercy is the name commonly used for the country’s finance ministry.

It says pension spending can crowd out spending on public services.

In this context, “crowd out” means one area of spending can limit room for another.

The issue is how public money is divided between pensions and services.

The available information gives no figures or examples of affected services.

It does not say what action, if any, will follow.

What people are saying

BercyFrench finance ministry
crowding-out effect
via Les Echos

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