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One Year From Presidential Election, Cercle des économistes Offers 14 Proposals for Candidates

From Le Figaro · () French

Translated from French, summarized and contextualized by DistantNews.

At a glance

News Official statement New plan
  • The Cercle des économistes has presented 14 proposals for French presidential candidates ahead of the 2027 election.
  • Key recommendations include a €10,000 investment capital for every young adult, funded by inheritance tax, and reforms to the economic and social council.
  • They also advocate for European countries to specialize in strategic sectors and for better mobilization of European savings into technology investments.

With the French presidential election just a year away, the Cercle des économistes has put forth 14 proposals aimed at shaping the platforms of potential candidates. These recommendations, presented at the Economic Meetings of Aix-en-Provence, focus on youth empowerment, international cooperation, and economic strategy.

A central proposal is the creation of a €10,000 "investment capital" for every young French citizen upon reaching adulthood. This fund would be financed through inheritance taxes. The group also suggests implementing annual career counseling sessions and allowing students to switch between general, vocational, or technological tracks more easily, ensuring greater flexibility in educational pathways.

Furthermore, the Cercle des économistes calls for a reform of the Economic, Social, and Environmental Council (Cese) to ensure better representation for young people, proposing a quota of 50% of its members be under 35 years old. This initiative aims to give younger generations a stronger voice in policy-making.

On a European level, the organization supports a policy of specialization, where each EU member state would become a leading country in a specific strategic sector. Examples include France focusing on nuclear energy, the Netherlands on semiconductors, Ireland on data centers, and Estonia on cybersecurity. They also urge for more effective mobilization of European savings, currently held by an aging, risk-averse population, to boost investment in the technology sector, suggesting tax incentives for life insurance policies linked to sovereign tech investments.

France on nuclear energy, the Netherlands on semiconductors, Ireland on data centers, Estonia on cybersecurity... Each of the EU member states would become the reference country for a strategic sector.

— Cercle des économistesDetailing the proposed European specialization strategy.
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Originally published by Le Figaro in French. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.