Brussels, 21/12/2012 (Agence Europe) - Additional savings are not necessary in France, said EU Monetary and Economic Affairs Commissioner Olli Rehn on Friday 21 December in an interview with French newspaper Le Monde, suggesting a “less drastic” way of dealing with public finances is possible.
Asked whether France could reduce its deficit to 3% of GDP in 2013 and whether the Commission might be flexible if it did not think this possible, Rehn said that the Stability and Growth Pact is...