At this stage, the European Commission has no wish to pile any more pressure than is necessary onto the new French authorities over the budgetary policy they will pursue under President's Macron's five-year term in office. However, it believes that France should take the opportunity to come out of the excessive deficit procedure opened against it in 2007 as quickly as possible.
Presenting the spring economic forecasts of the European Commission (see other article) on Thursday 11 May,...