字号·· | 护眼
彭博社

法国抗议凸显预算困境与政治分歧How French Protests Highlight Budget Woes and a Political Divide

点「原文对照」整页切到原文,或双击某段只看那段的原文。

图片插图:克里斯蒂安·卡佩斯塔尼Photo Illustration: Christian Capestany

对更多学校经费的需求与市场动荡共同暴露出另一条断裂线,经济压力日益加剧。

Demands for more school funding combined with a market rout have exposed another fault line amid growing economic strain.

安德鲁·J·巴登 今年秋季,法国数十万名高中生走上街头,要求增加学校经费。示威活动已蔓延全国,有时甚至演变为暴力冲突。文中解释了这一僵局如何加剧了人们对国家财政的担忧,而这一问题肯定会延续到明年的总统大选。

By Andrew J Barden Hundreds of thousands of French high-school students have protested this autumn to demand more spending on schools. The demonstrations have spread across the country — and at times turned violent. explains how the standoff has fueled concern about the country’s finances, an issue that’s sure to extend into next year’s presidential election.

法国过去常通过增加支出来化解危机。但持续的预算赤字和利率上升意味着资产如今正承受压力。最近的债券抛售导致借贷成本升至近二十五年来未见的水平。满足学生抗议者的诉求将进一步加重预算负担,而预算很大一部分用于老年人福利,这为法国的财政困境增添了代际维度。

France has dodged crises in the past, often spending its way through an impasse. But a perennial budget deficit and rising interest rates mean assets are now under pressure. A recent bond selloff sent borrowing costs to levels not seen in almost a quarter-century. Meeting the demands of student protestors would further increase strain on the budget, a large part of which goes to benefits for older people, adding a generational spin to France’s fiscal dilemma.

法国在教育上的支出已超过经合组织平均水平。但许多年轻人认为教育体系存在深刻不平等,最近的一项民调显示,全国多数人支持他们的诉求。抗议活动、政治僵局和市场动荡正汇聚在一起,暴露出谁最终应承担法国财政调整成本的断裂线。

France already spends more than the OECD average on education. But many of its youth contend the system is deeply unequal, and a recent poll showed that a majority of the country backs them. The protests, political deadlock and the market rout are converging to expose a fault line over who might ultimately bear the cost of France’s fiscal adjustment.