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French deficit within EU 3% limit at last

Monday, March 26, 2018 - 01:32

France brought its public deficit below the European Union's three percent limit for the first time in a decade last year, supporting President Emmanuel Macron's goal of restoring French fiscal credibility in Brussels. As Sonia Legg reports, the budget shortfall of 2.6 percent of gross domestic product was better than the government had expected.

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France brought its public deficit below the European Union's three percent limit for the first time in a decade last year, supporting President Emmanuel Macron's goal of restoring French fiscal credibility in Brussels. As Sonia Legg reports, the budget shortfall of 2.6 percent of gross domestic product was better than the government had expected.

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French deficit within EU 3% limit at last

Monday, March 26, 2018 - 01:32