French deficit could overshoot 3 percent of GDPStaff Writer | June 20, 2017
There is a risk that France's public deficit could overshoot the EU deficit limit of 3 percent again in 2017, Prime Minister Edouard Philippe said on Tuesday.
France Prime Minister Edouard Philippe:
That would mean France would miss the 3 percent EU deficit limit.
Former president Francois Hollande had promised it would be respected this year for the first time in a decade.
The government of new president Emmanuel Macron has said it would take corrective measures if needed.
The national audit office is due to review official estimates in July. ■