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Europe Daily Bulletin No. 11152

11 September 2014
ECONOMY - FINANCE - BUSINESS / (ae) france
France won't get public deficit to under 3% of GDP until 2017

Brussels, 10/09/2014 (Agence Europe) - On Wednesday 10 September, at the end of a last-minute press conference, the French Finance Minister, Michel Sapin, announced that the French government had given up on trying to bring down the public deficit to the European limit of 3%, before the presidential elections of 2017. He added that he expected there to be an increase this year in the public deficit and not a fall.

According to Sapin, the public deficit will reach 4.4% of the country's GDP...