France unlikely to achieve 2017 deficit target - fiscal watchdog

France unlikely to achieve 2017 deficit target - fiscal watchdog
 

France is unlikely to meet its 2017 budget deficit target, the country's independent fiscal watchdog said on Tuesday, casting doubt on the government's plan to cut the shortfall to less than 3 percent of output.
The High Council of Public Finance's (HCFP) assessment is a fresh blow to President Francois Hollande's economic record seven months from a presidential election that polls suggest he has little chance of winning if he runs.
On Monday, jobless figures for August showed the biggest jump in the number of unemployed people for nearly three years.
Scrutinising the main economic... read more

 
27 September 2016 in Business, Views: 41
Source: Reuters
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