Brussels, 06/03/2015 (Agence Europe) - On Tuesday 10 March, European finance ministers are expected to endorse the European Commission's recommendation that France be granted a conditional two-year extension to its deadline (to 2017 rather than 2015) for bringing its public deficit below the 3% of GDP cut-off point.
The Commission's recommendation sets a new public debt reduction trajectory for France (4% of GDP in 2015, 3.4% in 2016, 2.8% in 2017) and a new structural budget effort...