EU sets France tough targets to reduce deficit by 2017

By

Finance minister Michel Sapin says targets are 'demanding' but realistic as France faces having to find additional savings by 2017.

Reading articles is for subscribers only. Subscribe now.

The EU set France tough new targets for the coming years on Friday (Feb 27) to ensure it gets its budget deficit back within Brussels rules, after giving Paris until 2017 to comply, reports Channel NewsAsia.