24/09/2015 (Agence Europe) - Public deficit for 2014 brought down to 3.9% of GDP. On Wednesday 23 September, the French institute for statistics (INSEE) reviewed France's public deficit for 2014 slightly downwards, now bringing it to 3.9% of GDP instead of 4%. This review corresponds to “an improvement of a few hundred million euro [and] reinforces our ability to keep the targets we are given”, said France's finance minister, Michel Sapin. In nominal terms, France's public deficit must respect the following trajectory: 3.8% of GDP in 2015, 3.3% in 2016, and less than 3% in 2017 (see EUROPE 11390). (MB)