Wednesday, October 1, 2014

France does not intend to cut extra – NU.nl

France does not intend to cut extra – NU.nl

“We have decided to adapt to the economic situation of the country, the pace of deficit reduction on ‘,” said Finance Minister Michel Sapin Wednesday in an explanation of the new budget for 2015.

financial planning for years to provide for a reduction in the deficit of 4.4 percent of the total size of the economy this year to 4.3 percent next year.

In 2016, the deficit should fall further to 3.8 percent. Only in 2017 it comes with 2.8 percent at a level that fits within the norm of up to 3 percent of the euro countries have agreed. Themselves

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