• France's news in English

Most French believe France is ‘bankrupt’

The Local/AFP · 31 Jan 2013, 15:50

Published: 31 Jan 2013 15:50 GMT+01:00

Facebook Twitter Google+ reddit

The poll was carried out in the wake of inflammatory comments made by government minister Michel Sapin who sent pulses racing among his colleagues when he described France as a “totally bankrupt” state.

Sapin said he was simply being ironic by echoing a famous declaration made by former Prime Minister François Fillon in 2007.

Although the Socialist government’s Finance Minister Pierre Moscovici quickly distanced himself from Sapin’s “inappropriate” comments, it appears a majority of French people agree with him.

According to the poll carried out on behalf of France’s BFMTV, 62 percent of French agree that the country is bankrupt.

The poll also revealed that a respondent’s point of view depended heavily on their political persuasion. The notion France was ‘bankrupt’ won more sympathy among supporters of the opposition (73%) where as 54% of left wing supporters thought it was unjustified.

Faced with an economy on the brink of recession and rising unemployment, President François Hollande is betting on a mixture of reforms and public investment to give a boost amid an uproar over proposed tax hikes, especially on the rich.

Story continues below…

France's 2013 budget is based on meeting the EU public deficit limit of 3.0 percent of gross domestic product, as required by Brussels, but with growth expected to fall short of forecasts, many analysts doubt that this is now possible.

The poll was taken from an survey of around 1,000 people.

The Local/AFP (ben.mcpartland@thelocal.com)

Facebook Twitter Google+ reddit

Your comments about this article

Today's headlines
France sees biggest drop in jobless rate for 20 years
Photo: AFP

Good news at last. But it's unlikely to keep President François Hollande in his job.

Calais migrants given mixed reception in French towns
Photo: AFP

Some in France have shown solidarity with their new guests, while others have made it clear they are not welcome.

Lonely Planet says Bordeaux is world's best city to visit
The fantastic new Bordeaux wine museum. Photo: AFP

After The Local France, the Lonely Planet has followed suit by urging everyone to head to Bordeaux in 2017.

Jungle shacks set ablaze and torn down as camp razed
All photos: AFP

IN PICTURES: The razing of the Jungle has finally begun.

Frenchwoman finds WW1 grenade among her spuds
Photo: AFP

It could have been a very explosive family dinner.

Refugee crisis
What rights to a future in France for Calais migrants?
Photo: AFP

What does the future hold for the migrants of the Jungle? Can they work or claim social benefits or travel freely inside Europe?

Pampers nappies 'contain carcinogenics': French study
Photo: Robert Valencia/Flick

The substances in the nappies are meant to prevent skin irritation but are cancerous, the study concludes.

France to scrap special prison wings for dangerous jihadists
Photo: AFP

The experiment has been ditched.

Myth busting: Half of French adults are now overweight
A model at the Pulp Fiction fashion show in Paris that represents society's diverse spectrum . Photo: AFP

Hold on, aren't the French all meant to be finely toned specimens with not an ounce of fat on them?

France poised to send bulldozers into Calais Jungle
Photo: AFP

As hundreds of migrants leave, the bulldozers are set to tear down the sprawling Calais shanty town on Tuesday.

The annoying questions only a half French, half Brit can answer
Sponsored Article
Last chance to vote absentee in the US elections
Forget Brangelina's chateau - here are nine others you've got to see
The must-see French films of the millennium - Part One
How life for expats in France has changed over the years
Why Toulouse is THE place to be in France right now
Video: New homage to Paris shows the 'real side' of city
The 'most dangerous' animals you can find in France
Swap London fogs for Paris frogs: France woos the Brits
Anger after presenter kisses woman's breasts on live TV
Is France finally set for a cold winter this year?
IN PICS: The story of the 'ghost Metro stations' of Paris
How to make France's 'most-loved' dish: Magret de Canard
Welcome to the flipside: 'I'm not living the dream in France'
Do the French really still eat frogs' legs?
French 'delicacies' foreigners really find hard to stomach
French are the 'world's most pessimistic' about the future
Why the French should not be gloomy about the future
This is the most useful French lesson you will ever have. How to get angry
Why is there a giant clitoris in a field in southern France?
French pastry wars: Pain au chocolat versus chocolatine
Countdown: The ten dishes the French love the most
Expats or immigrants in France: Is there a difference?
How the French reinvented dozens of English words
jobs available