French Social Security Set for First Surplus Since 2001

(Bloomberg) -- France’s social security accounts are back in good health. The country with the highest level of social spending in the Organization for Economic Cooperation and Development will post a surplus in its social security accounts in 2019 after 17 years of deficits. There’s still a shortfall in the health insurance part of the system, but accounts are positive in the schemes covering family welfare and workplace health.

To contact the reporter on this story: William Horobin in Paris at whorobin@bloomberg.net

To contact the editors responsible for this story: Fergal O'Brien at fobrien@bloomberg.net, Zoe Schneeweiss

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