International Link

France says determined to improve budget credibility

New finance minister Pierre Moscovici says there has been a lack of credibility for France over the public deficit and adds: "We're being watched".

La rédaction de Mediapart

3 June 2012 à 21h34

Share on Facebook Share on Twitter

Reading articles is for subscribers only. Login

France's new Socialist government is determined to restore its credibility over budget management by meeting public deficit targets, Finance Minister Pierre Moscovici said on Sunday, reports The Chicago Tribune.
President Francois Hollande has pledged to stick to the previous conservative government's commitment to cut the deficit from an estimated 4.5 percent of gross domestic product in 2012 to within an EU-imposed limit 3.0 percent in 2013, even though many economists see that as hard without spending cuts.

1€ for 15 days

Can be canceled online at any time

I subscribe

Only our readers can buy us

Support a 100% independent newspaper: without subsidies, without advertising, without shareholders

Get your information from a trusted source

Get exclusive access to revelations from an investigative journal

Already subscribed ?

Forgot password ?

#FREEMORTAZA

Since January 7, 2023 our colleague and friend Mortaza Behboudi has been imprisoned in Afghanistan, in the Taliban prisons.

We do not forget him and call for his release.

Learn more about #FREEMORTAZA

Today on Mediapart

See Journal’s homepage

#FREEMORTAZA

Since January 7, 2023 our colleague and friend Mortaza Behboudi has been imprisoned in Afghanistan, in the Taliban prisons.

We do not forget him and call for his release.

Learn more about #FREEMORTAZA