Will the Council of State scrap the fixed rate at 3% tomorrow?

Last July, the Minister of Economy announced to maintain the Leverage A rate at 3% until 2025. A decision that was not unanimous among the roughly 55 million holders of Booklet A. Subsequently, the law professor requested a review of the measure. .

Indeed, law professor Paul Cassia challenged the Council of State by filing an appeal in which he requested the annulment of the July 28 decree. I approached the Council of State

(aff. 475953) of the decision Bruno Le Mere To maintain the rate of a booklet, to examine whether: ‘exceptional circumstances’ make it possible not to raise this rate to 4.1%; This rate can be frozen for 18 months », he wrote on his X account last August.

In early February, the Magistrate of the Council of State requested the rejection of an appeal filed by Paul Cascia, “ The public informer concluded that the request was rejected… She proposed that the Council of State exercise less control, that is, as convenient as possible for the administration. », suggested the law professor on the site Thanks for the information. As a reminder, the public reporter’s mission is to give her opinion on the matter with complete independence. ” Its findings may or may not be followed by a judgment panel.Details of the Council of State on its site.

Melting of the Livret A Rate: The Council of State will soon give its verdict

Furthermore, Paul Cascia explained that the magistrate “ That the Minister of Economy may unilaterally amend the Decree of January 27, 2021 regarding the interest rates of regulated savings products ” ” The government, showing its concern for the middle classes, froze the rates for purely ideological reasons… I would have done what I could to freeze the rates that were declared illegal. », suggested the law professor Thanks for the information. Still according to Paul Cassia, the Council of State should examine the matter, either on Monday February 19 or Monday February 26.

By applying a calculation formula that specifically takes into account the evolution of inflation, the Livret A rate should reach 4.10%. Apart from that, the economy minister justified maintaining the rate at 3% till 2025. exceptional circumstances

” Bruno Mayer chose to follow the recommendations of the Banque de France which explained that ” A very high rate, when regulated savings have no equivalent in our European neighbours, would be detrimental to our economic activity and growth.