December 18, 2018 / 6:50 AM / 6 months ago

Germany's Altmaier: not certain France will breach EU deficit rule

FILE PHOTO: German Economy Minister Peter Altmaier pauses during an interview in his office in Berlin, Germany December 14, 2018. REUTERS/Annegret Hilse

PARIS (Reuters) - Germany’s Economy Minister Peter Altmaier said on Tuesday that he was not necessarily convinced France would overshoot the European Union’s deficit limit of 3 percent of gross domestic product next year.

“There is room to manoeuvre,” Altmaier told French TV station C News.

French Prime Minister Edouard Philippe told Les Echos newspaper earlier this week that the country’s budget deficit was likely to breach the European Union’s limit of 3 percent of GDP next year and stand at around 3.2 percent.

Altmaier added he was confident Germany could reach a deal with France regarding a tax on digital giants such as Facebook (FB.O), Apple (AAPL.O) and Google (GOOGL.O) by the summer.

Reporting by Sudip Kar-Gupta; Editing by Sarah White

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