The measure is therefore before any symbolic

The Government must "accompany the out of the crisis" and "the future", which justifies not prematurely increase the intake. Invited yesterday show "17 hours policy", organized by iTélé and "Les Echos", Eric Woerth, Minister of the Budget and public accounts at length discussed the reasons for which the accounts of the State would be, again next year, deficit of 110 to 115 billion euros. These forecasts might mark a slight improvement from 2009 (130 billion euros deficit), they are not real departure from the fiscal policy this year. But the fact to enhance the growth forecast of 0.5-0.75 next year, allows to anticipate a revenue increased between 2 and 3 billion, he said. "Response to deficits, it is rising activity, and not taxes," he said, acknowledging however that the deductibility of the interest of the loan, statutory work employment and purchasing power, would be now targeted on buildings "low power" ("Les Echos" from September 15).

The overall deficit, he "will not improved" since the social security accounts remain deficit "of about 30 billion euros", after a little more of 20 billion euros this year.

Nicolas Sarkozy arbitrations

Even let spinning this deficit at a historic level, Nicolas Sarkozy, who has made himself the arbitrations, also preferred not to accumulate the unpopular decisions. According to our information, the increase in the hospital package would be thus limited to 2 euros, putting the daily contribution of 16 to 18 euros, which represents an additional revenue of EUR 160 million. The Minister of health, Roselyne Bachelot, had found too high an increase of 4 euros a coup, defended by Bercy. The package had been increased by 1 euro per year between 2005 and 2007 (from 13 to 16 euros). The head of State also rejected the idea of addressing the social package of 2 on the engagement and participation (the Government indeed wants to encourage companies to redistribute more benefits to the employees). Similarly, the hardening of the taxation of stock options was rejected. The Government knows however that the subject will return to the table in the parliamentary debate.

Firmness has however prevailed on two measures "of fairness". The contribution on pensions hats paid by companies to their senior goes double ("Les Echos" from September 16): the current rate of 6, 8 or 12 (depending on the mode of payment and the seniority of the plan) will rise from 12 to 24. The idea of setting contribution to 30 for pensions hats high was not resumed, the Executive focus on simplicity. Doubling will not yield "enormously because by and large, will be EUR 25 million to 50 million samples", said yesterday the Social Affairs Minister Xavier Darcos. The measure is therefore before any symbolic.

Another social niche on which the Government will be expected to produce more: the CSG and the DRES will apply from the first euro on securities capital gains (actions, etc.) while they in are exempt today if the annual sales of securities do not exceed 25.730 euros. The gain expected for the social security represents a small hundred million euros.