France eyes lower 2016 public deficit than forecast

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French finance minister Michel Sapin said he was 'not ruling out' a lower public deficit than the 3.3% of gross domestic product target he has confirmed will be reached at the least.

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France could do better than its stated 2016 public deficit target of 3.3 percent of gross domestic product, the country's finance minister Michel Sapin told business newspaper Les Echos, reports Reuters.