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France facing EUR7-10bn budget shortfall

By: Yossel in FRANCE | Recommend this post (0)
Mon, 25 Jun 12 7:25 PM | 119 view(s)
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Update: 25/06/2012

- economy - eurozone - France - François HOLLANDE


France facing EUR7-10bn budget shortfall

French Finance Minister Pierre Moscovici said Monday that the nation needs to find 10 billion euros in its budget in order to reduce the public debt-to-GDP rate of 4.5%. Under EU rules, eurozone countries are supposed to keep the rate below 3%.


News Wires (text)

link-
http://www.france24.com/en/20120625-france-finance-moscovici-gdp-public-deficit-4.5-percent-economy-eurozone




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