On Wednesday 28 September, the French finance minister, Michel Sapin, presented the draft French budget for 2017, which maintains the commitment made at European level to bring the nominal government deficit down to 2.7% of GDP.
Speaking to the press, Sapin stressed that his country would stick to this commitment. He said that what had been deemed highly unlikely (Ed: by the French High Council of Public Finances) would be proven if all parties started to show the same budgetary rigour...