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Image header Agence Europe
Europe Daily Bulletin No. 11167
Contents Publication in full By article 11 / 18
ECONOMY - FINANCE - BUSINESS / (ae) france

Deficit - Paris unilaterally abandons 3% objective in 2015

Brussels, 01/10/2014 (Agence Europe) - On Wednesday 1 October, the French government revealed a draft budget for 2015 which it will struggle to justify to its European partners.

Arguing that France had assumed “its responsibilities”, the country's finance minister, Michel Sapin, presented the draft French budget for 2015, which clarifies the budgetary savings aiming to reach a level of €50 billion by 2017, of which €21 billion will come in 2015 (€7.7 billion for the State, €3.7...