The draft French budget for the year 2019, which was presented on Monday 24 September and provides for a nominal government deficit of 2.8% of gross domestic product (GDP), or a possible increase of 0.2 percentage points compared to 2018, is reportedly not in compliance with the rules of the preventative of the Stability and Growth Pact.
“Thanks to these efforts, thanks to the structural choices I have presented to you, all of our commitments will be kept”, said Bruno Le Maire, the...