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Europe Daily Bulletin No. 11820
ECONOMY - FINANCE - BUSINESS / France

Pierre Moscovici recommends savings to bring French deficit below 3% of GDP mark

On Friday 30 June, in response to the report by the French Court of Auditors showing the slippage in the country's government finances, the Commissioner for Economic and Financial Affairs, Pierre Moscovici, called on France to make further savings in order to comply with its commitment to bring its public deficit low 3% of GDP in 2017 (see EUROPE 11819).

The Commissioner referred first of all to the dialogue between his services and the previous French government. Although the report by...

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