In the Seine basin, flooding is one of the biggest natural hazards, after drought. The Île-de-France metropolitan area is particularly vulnerable to the risk of flooding. The last major floods occurred in May-June 2016 and January-February 2018, costing €1.4 billion and €150 million to €200 million ...
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On 15 April 2019, a fire broke out at Notre-Dame de Paris cathedral, destroying part of the monument and threatening its survival. Following this disaster, a wave of solidarity made it possible to raise the funds necessary for its preservation and restoration through a national contribution. This mo...
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Pierre Moscovici was appointed First President of the Cour des comptes, the French Supreme Audit Institution, by the President of the Republic on June 3rd, 2020. He succeeds Didier Migaud, who became President of the High Authority for Transparency in Public Life (Haute Autorité pour la transparence...
The French aeronautics industry was the second largest in the world behind the US’one in 2019, and was thus a strategic sector for the national economy. It was a large-scale exporter (€64 billion in foreign sales in 2019) and was enjoying a dynamic period in terms of job creation and building revenu...
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With the authority to audit the use of resources by organisations appealing for public donations, the Court of Accounts conducts audits into the use of donations received following crises or disasters (Asian tsunami in 2004, Haiti earthquake in 2010, Notre-Dame de Paris fire in 2019). This audit by ...
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In April 2019, the French national audit office, Cour des comptes announced that it would control troughout the whole rebuilding process, the fund-raising and use of donations made to the rebuildind of Notre Dame Cathedral, and would publish control reports on a regular basis. Among others, the firs...
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With a public deficit of 6.4% of GDP in 2021, i.e., more than double that of 2017, and a public debt of more than 110% of GDP, France is emerging from the health crisis with one of the most deteriorated public finance situations in the euro area. The report published today by the Court of Accounts i...
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The Directorate-General of Customs and Indirect Taxes (DGDDI) mobilises 17,000 officers, deployed on 674 installations. Facing changes in the Customs environment, it has displayed an ability to adapt, but remains confronted with a need for transformation and modernisation of its competences and its ...
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As with 2018, the financial context remained favourable to local communities in 2019 thanks to the dynamism of their tax revenue, the slight progression of transfers from the State and relatively controlled expenditures. Their gross savings, which significantly increased, contributed to the financin...
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The main instrument for combating poverty, the active solidarity income (RSA) is now allocated to more than two million households with annual expenditure of €15 billion - the health crisis having increased the risk of precariousness. The report published today assesses the results of this system, w...
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