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France’s Lescure Sticks With 5% Deficit After Watchdog Rebuke

France’s Lescure Sticks With 5% Deficit After Watchdog Rebuke
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France’s Lescure Sticks With 5% Deficit After Watchdog Rebuke Finance Minister Roland Lescure reaffirmed his commitment to lower France’s deficit after the country’s fiscal watchdog rebuked the government’s pending plans. “I want us to do everything we can to maintain the 5% target,” Lescure said Friday on France Culture radio. “We have some room to maneuver.

France’s Lescure Sticks With 5% Deficit After Watchdog Rebuke Finance Minister Roland Lescure reaffirmed his commitment to lower France’s deficit after the country’s fiscal watchdog rebuked the government’s pending plans. “I want us to do everything we can to maintain the 5% target,” Lescure said Friday on France Culture radio. “We have some room to maneuver. But we’ve been struggling to curb the relentless rise in social spending in recent years. If we’re not able to rein this in, it’s going to be very complicated.” [Image text:] d: What Stal
France (LOCATION) Lescure Sticks (PERSON) Roland Lescure (PERSON) Lescure (PERSON)
Originally published by Bloomberg Markets Read original →