EU preparing to reject France’s 2015 budget say officials

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Brussels may be willing to use new compliance rules to tell Paris to rewrite its 2015 budget, triggering a crisis.

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The European Union is preparing to reject France’s 2015 budget, according to European officials, setting up a clash that would be the biggest test yet of new powers for Brussels that were designed to prevent a repeat of the eurozone’s sovereign-debt crisis, reports The Wall Street Journal.