Student Insurance Group Criticized by Court for Poor Customer Service and Inefficiency

In a draft report released on July 17, the Cour des Comptes denounced the French student insurance group, La Mutuelle des étudiants (LMDE), for inefficiency and “very unsatisfactory” service. The student insurance group received an average satisfaction score of 2.33 out of 5 in tests run by the Court, the lowest score of any student […]

Cour des Comptes Urges France to Review Unemployment Benefits

In the midst of the Euro zone crisis, France faces its own economic problems. The country’s state audit office, the Cour des comptes, has urged the government to review the funding of unemployment benefits for French citizens, saying that the current system is “unsustainable”. The Cour des comptes labeled the benefits as costly and ineffective, […]

The European Budgetary Pact: What does the French Ratification Bill Propose?

On September 19, the French Council of Ministers examined the European Budgetary Pact Ratification Bill, which the French Parliament will discuss  around October 2. Against the backdrop of the Euro crisis, the European Budgetary Pact (formally known as the Treaty on Stability, Coordination and Governance or TSCG) has sparked a lively political debate, as it […]

Auditors to Hollande: Budget Cuts Can Not Wait

In a sobering audit report from accounting watchdog group Cour des Comptes released Monday, President Francois Hollande was given a stern warning: cut the state budget by $54 billion, or face failing to meet deficit targets. The French government must plug a hole of between €6 billion and €10 billion ($7.6 billion and $12.59 billion) […]