The French nominal government deficit stood at 2.6% of GDP last year, the French National Institute of Statistics and Economic Studies (INSEE) reported on Monday 26 March.
If this figure is approved by the statistical office of the European Union (Eurostat) next month, the Commission may decide to bring France out of the excessive deficit procedure (EDP) in May.
The French state would then join the preventative plank of the Stability and Growth Pact, eight years after it was placed under the...