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COUR DES COMPTES

On 17 September 2014, The Cour des comptes hereby issues its annual report on the application of the Social Security Finance Acts. France has been late in committing itself to a course of action for re-establishing the balance of public accounts, for which the administrations as a whole need to work together. Reduction of the Social Security deficit has continued, but at a slower rate than expected. Accepting a deficit of this kind in the long-term places a burden upon future generations.

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