---
title: France has always missed its deficit forecasts, always.
description: "It runs 6% fiscal deficit during good times. \nWith the current political paralysis there will be no long overdue structural reforms, especially of pensions. It will miss current forecasts as well. \nCould the next Euro crisis start in France? \nSource: Michel A.Arouet \nChart @OxfordEconomics"
---

[Syz The Moment](https://blog.syzgroup.com/syz-the-moment)

# [France has always missed its deficit forecasts, always.](https://blog.syzgroup.com/syz-the-moment/france-has-always-missed-its-deficit-forecasts-always)

 Written by [Charles-Henry Monchau, CFA, CMT, CAIA](https://blog.syzgroup.com/syz-the-moment/author/charles-henry-monchau) | Jan 6, 2025, 2:00:48 PM

[View full post](https://blog.syzgroup.com/syz-the-moment/france-has-always-missed-its-deficit-forecasts-always)

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