Hanno Lustig: French core state spending shares examined excluding pension contributions

Traders Union
All News
Market Voices
French state spending compared cross-country

Top Stories

Editors' Picks

Stocks

Crypto

Economics

Currencies

Commodities

Business & Wealth

Market Voices

19.10.2026

Hanno Lustig: French core state spending shares examined excluding pension contributions — French state spending compared cross-country

Hanno Lustig compared spending on core state functions in France to its peers, adjusting the figures by removing the state’s imputed pension contributions for teachers, soldiers, and other civil servants from each function and from total spending to provide improved comparability.

View post on X Loading...

The tweet was deleted by the author.

But we saved everything 🙂.

Lustig has previously questioned the European Central Bank's stance on unwarranted market moves, citing a lack of clear definitions and concerns over policy incentives in recent analysis. In an earlier piece, he described Eurozone austerity measures during the 2010s as counterproductive when interest rates reached zero, according to his assessment at the time. These discussions add context to his ongoing scrutiny of European fiscal and monetary policy.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

Did you like the article?

#Hanno Lustig

Editor's Picks for You

Buterin’s new vision: Why Ethereum wants to become digital gold

By Olena Litvinenko
11 hours ago

Buterin’s new vision: Why Ethereum wants to become digital gold

Editors' Picks

From affair to market crash: How the Nvidia scandal hit Bitcoin

By Anastasiia Chabaniuk
15 hours ago

From affair to market crash: How the Nvidia scandal hit Bitcoin

Editors' Picks

Shield AI’s Echodyne deal and the global counter-drone race

By Dmytro Kharkov
16 hours ago

Shield AI’s Echodyne deal and the global counter-drone race

Editors' Picks

All Editors' Top Picks

Latest Hanno Lustig News

Hanno Lustig: Public Fed chair candidates expected to support buying U.S. state bonds

By Daria Chernytska
9 hours ago

Hanno Lustig: Public Fed chair candidates expected to support buying U.S. state bonds

Market Voices

Skepticism surrounds $33 billion rail and pension plans, Hanno Lustig notes

By Ksenia Gerey
23.10.2026

Skepticism surrounds $33 billion rail and pension plans, Hanno Lustig notes

Market Voices

Preserving French welfare state requires GDP growth, Hanno Lustig argues

By Oksana Koneva
16.10.2026

Preserving French welfare state requires GDP growth, Hanno Lustig argues

Market Voices

All Hanno Lustig News

Olena Litvinenko
11 hours ago

Buterin’s new vision: Why Ethereum wants to become digital gold

Anastasiia Chabaniuk
15 hours ago

From affair to market crash: How the Nvidia scandal hit Bitcoin

Dmytro Kharkov
16 hours ago

Shield AI’s Echodyne deal and the global counter-drone race

Pavlo Kot
Yesterday

From airline tickets to Ferraris: What can you buy with crypto?

Pavlo Kot
07.11.2026

Apartment or Bitcoin: Choosing a safe haven for your wealth

Elena Nikulina
5 min ago

Setting up a script to estimate missing October 2025 CPI data, Mike Konczal notes

Hanna Syniavska
5 min ago

Purify air while solo mining Bitcoin with Heatbit, Alex Gladstein notes

Pavlo Kot
15 min ago

Anthropic plans Nasdaq listing under ANT in November 2026, Steve Burns notes

Yulia Slavina
20 min ago

Andrew Scheer: Youth unemployment rises to 13.7 percent in Canada

Yaroslav Dmytrenko
25 min ago

Fed risks weakening investment with rate hike, Danielle DiMartino Booth warns

Top News

Ksenia Gerey
8 hours ago

Anthropic has no plans to delay IPO despite market selloff

Anthropic has no plans to delay IPO despite market selloff

Eugene Komchuk
11 hours ago

Hedge funds begin massive selloff of technology stocks

Hedge funds begin massive selloff of technology stocks

Oleg Tkachenko
13 hours ago

U.S. authorities grant Coinbase a banking charter

U.S. authorities grant Coinbase a banking charter

Olga Shendetskaya
14 hours ago

Oil prices fall after Trump's comments on Iran

Oil prices fall after Trump's comments on Iran

Pavlo Kot
16 hours ago

Binance, Tether and Trump-linked crypto firms face congressional scrutiny

Binance, Tether and Trump-linked crypto firms face congressional scrutiny

Top 5 companies for you

United States

Live News

Mélissa Bac
Now

Strategy buys $82 million in Bitcoin, raises holdings to 850,364 BTC

Mykhailo Ihnatenko
Now

Nvidia stock falls amid CEO scrutiny: Can buyers reclaim $178?

Anton Kharitonov
Now

EUR/USD targets 1.1200 as dollar weakens ahead of U.S. inflation data

Mykhailo Ihnatenko
Now

Ethereum slides as geopolitical risks trigger another $1B liquidation wave

Pavlo Kot
Now

Binance hackers still hold $3.1 billion in cryptocurrency after attack

© IAFT Ltd., 2010-2026 All rights to the website are owned by IAFT Ltd.,
Registration number - HE 336186

Risk disclosure:

Information on the TradersUnion.com website is for informational purposes only and does not constitute any motive or suggestion to visitors to invest money. Moreover, we hereby warn you that trading on the Forex and CFD markets is always a high risk. According to the statistics, 75-89% of customers lose the funds invested and only 11-25% of traders earn a profit. Trading in futures and options carries substantial risk of loss and is not suitable for every investor.

That is why you should only invest money that you are prepared — or can afford — to lose at such high risks. Tradersunion.com does not provide any financial services, including investment or financial advisory services. Also, the Traders Union is not a broker and does not get money for trading in the Forex or CFD markets. Our website only provides information on brokers and the markets and helps its users to select the best brokerage company based on detailed information and objective analysis of brokers.
Disclaimer:

Traders Union (TradersUnion.com) shall not be liable for the consequences of trading decisions made by the Client and for the possible loss of his capital resulting from the use of this website and information published on it.

Forex market, CFD and cryptocurrency trading involves high risks and is not suitable for everyone. Before investing money, you need to adequately assess the level of your expertise and be aware of the risks, particularly in the context of trading with leverage. The information on this website is not intended for distribution or use by any person in any country or jurisdiction, where such distribution or use would be in violation of the local law or regulation. Any payments by Traders Union (TradersUnion.com) to the users of our website shall be legally interpreted solely as an incentive on our part for the activity on the website in the form of a deduction of a part of the advertising income; they shall not be a subject of any claims of our users or our obligations, a subject of disputes, as well as cannot be considered in relation to the services provided to users by brokers, both in fact and in their completeness and volume. The administration of the website shall not be liable for the content of user comments and reviews about the companies and shall not verify whether the authors of the reviews are indeed real clients of a specific company. All reviews, both negative and positive are published on the website without verification of their reliability; only offensive reviews that call for violence or any kind of discrimination and also reviews published from one group of IP addresses are moderated and removed. The authors of the materials shall be fully liable for the accuracy, completeness and impartiality of any information in the articles and reviews, including in the context of their use or mention of any brand names or trademarks. All mentions of the names of companies and their brands in any materials on the website shall be made in the context of communication of socially important information to the people about their activities by independent journalists, who are the authors. All evaluations and indicators on the website express the subjective opinion of the authors of the reviews (articles) and shall not be viewed as accurate statements and be a subject of disputes and claims against Traders Union.
Disclosure of advertisers and revenues:

All the services on the Tradersunion.com website are free for you to use. Our team spends thousands of hours per annum researching brokers and gathering information about them to help investors all over the world to choose reliable companies and to avoid fraudsters.

Indeed, the curating, sourcing, and organization of this process requires substantial financial investment by Tradersunion.com, which the website earns in the form of advertising payments. There are two types of advertising services on the website — direct advertising or partner (broker) participation programs. However, no services purchased by our partners shall affect the recommendations on our website, or our opinions, or ratings. Our ratings are based on our objective rating criteria and methodology; and the results are always equally and fairly applied to each broker. The work of our content authors and research groups does not involve any interaction with our advertisers and they do not have access to data concerning the amount of advertising purchased. For over 10 years we consider our independence, absolute openness, and objectivity as our main priority. Please follow the links to each of our affiliated broker’s websites. This will help Tradersunion.com to continue to provide our services to you for free.