In response to the annual report of the French Court of Auditors on the situation and prospects of the country's public finances, which was published on Thursday 29 June, the French Prime Minister, Édouard Philippe, has pledged to “contain the deficit at 3% [of GDP) from this year” (our translation throughout).
“We will not do so by increasing taxes, but through savings”, the head of government added. He also announced that initial clarifications will be provided on Tuesday, in his...