Increase of the Livret A ceiling: "We are far from the stated intention of Emmanuel Macron to direct the savings of the French towards long-term investments"

Gus Portokalos, the father in the film My Big Fat Greek Wedding, believes window cleaner is a cure-all. Similarly, the French government sees the Livret A as a miracle solution for public funding. Prime Minister Sébastien Lecornu announced plans to raise the Livret A limit to between €25,000 and €30,000 by February 2027, increasing the interest rate to 1.7% due to inflation. This move is not aimed at boosting purchasing power but rather to fund demands for renovating schools. The regulated savings accounts, particularly the Livret A, provide a unique funding circuit, allowing the Caisse des dépôts et consignations to access €950 billion for loans to social housing and local authorities, and recently to EDF for nuclear projects.