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Europe Daily Bulletin No. 11065

24 April 2014
ECONOMY - FINANCE / (ae) france
Deficit target 3% in 2015, €4 billion of cuts this year

Brussels, 23/04/2014 (Agence Europe) - On Wednesday 23 April, the French government revealed how it is planning to bring its public deficit below the 3% of GDP (gross domestic product) cut-off point in 2015, as promised to the European Union (see EUROPE 11063). The French stability programme is intended to reduce public spending by €50 billion by the end of the government's five-year term of office.

In the stability programme unveiled to the cabinet on Wednesday, the public deficit...

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ECONOMY - FINANCE
INSTITUTIONAL
SECTORAL POLICIES
EXTERNAL ACTION
BUSINESS NEWS NO 101