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Compiègne mayor proposes new savings account to fund French debt

Original: livret d

Philippe Marini, mayor of Compiègne, has suggested that instead of leaving their savings idle, French citizens could lend money to the state in exchange for remuneration, via a new savings account. The idea, reported by Oise Hebdo and picked up by media outlets, is being debated as France looks for ways to finance its growing public debt.

Why now: A public figure has proposed a novel savings product to help finance France's debt, sparking debate over the idea.

Philippe MariniCompiègneFrance

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Evidence

• Philippe Marini, maire de Compiègne : « Plutôt que de laisser dormir leur épargne, les Français pourraient la prêter à l’État contre rémunération · Oise Hebdo
• Seriez-vous prêt à financer la dette grâce à un nouveau livret d’épargne ? · Orange Actualités

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