TOPIC: Tools » Institutions » National » France » Basic Structure » Budget
Category
articles
Date
2009-06-22
Actor
Willis, Andrew
Source
EUobserver
Uploaded date
2009-01-01
Uploaded by

France's Budget Deficit To Top 7 Percent

"France's budget deficit will exceed 7 percent of its GDP in both 2009 and 2010, the country's Budget Minister, Eric Woerth, said on Sunday. The announcement highlights the heavy toll being extracted on public finances by the government's stimulus plan and falling tax receipts, with the latest figure a considerable increase on a previous March forecast for a 5.6 percent deficit this year." (Quoted from article)

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