ECONOMY - FINANCE - BUSINESS / France

Structural budgetary effort in 2018 is borderline acceptable, says Moscovici

Brussels, 04/10/2017 (Agence Europe)

At a hearing before the finance and European affairs committees of the French National Assembly on Wednesday 4 October, the Commissioner for Economic and Financial Affairs,  Pierre Moscovici, reiterated  the structural effort to be made once a state enters the preventative plank of the Stability and Growth Pact.

First of all, Moscovici welcomed the fact that the French public deficit will fall back below the 3% of GDP mark by the end of this year (see EUROPE 11871), describing this as a...