France needs up to 10 bn euros to cut deficit: minister
- Published: 26 Jun 2012 at 01.48
- Online news: World
France must find up to 10 billion euros to cut its public deficit to 4.5 percent of gross domestic product (GDP), Finance Minister Pierre Moscovici said on Monday.
France must find up to 10 billion euros to bring its public deficit back to 4.5 percent of gross domestic product, Finance Minister Pierre Moscovici said on Monday.
Moscovici told iTele television that the new socialist government was looking for seven to 10 billion euros ($12.5 billion), and added: "We are somewhere in the middle I imagine, but I am waiting to see the official figures".
This article is older than 60 days, which we reserve for our premium members only.You can subscribe to our premium member subscription, here.
