Published 1 month ago

French budget deficit overshoots target to hit 5.6% Financial Times

Summary by Ground News

The public deficit jumped to 5.5 percent of gross domestic product, or 154 billion euros. The government had warned recently that the deficit would exceed its previous estimate of 4.9 percent of GDP. France has announced 10 billion euros of spending cuts this year to limit the fallout.

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Sueddeutsche Zeitung

France's public finances: “Our backs are against the wall”

Big deficit, high public debt: Emmanuel Macron’s reputation as a reasonable accountant is suffering. And his finance minister writes books. France must finally open its eyes, warns the President of the Court of Auditors.

1 month ago·Munich, Germany

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Le Figaro

Public deficit for 2023 exceeds government forecast at 5.5%

Initially planned at 4.9% by the government, the deficit explodes, disrupting the deleveraging trajectory.

1 month ago·Paris, France

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Le Parisien

The public deficit for 2023 climbs to 5.5%, beyond the government's forecasts

The now consolidated figure greatly exceeds the 4.9% initially planned by the government, and imposes new savings, after the first round of screws of 10 billion last month.

1 month ago·Paris, France

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Adevarul

Comisia Europeană: Deficitul bugetar riscă să depășească ținta asumată de Guvern și în 2024

Comisia Europeană a avertizat că deficitul bugetar ar urma să depășească și în acest an ținta asumată de Guvern, după ce și anul trecut a ratat ținta.

1 month ago·Romania

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Quotidiano Nazionale

France: Budget deficit projected to reach 5.5% in 2023.

France's deficit-to-GDP ratio reached 5.5 percent in 2023, or 15.4 billion euros. That's what the Insee, the National Institute of Statistics in Paris, reported, publishing data well above the 5.8 percent in 2022. For 2023, the government had initially projected a deficit of 4.9 percent of GDP for the previous year. The public debt, the Insee reports, is now at 110.6 percent of GDP. It's below the level of 2022 -- 111.9 percent -- but almost a p…

1 month ago·Italy

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Stirile Antena 1 Observator

Deficit bugetar uriaş: Gaura din buget s-a triplat în februarie. A urcat la 1,67% din PIB după primele două luni ale anului

Deficitul bugetar a urcat la 28,99 miliarde de lei după primele două luni ale acestui an, reprezentând 1,67% din PIB, în creştere de 1,7 ori comparativ cu un sold negativ de 17,04 miliarde lei, respectiv 1,07% din PIB, raportat în aceeaşi perioadă a anului trecut, potrivit datelor publicate marţi de Ministerul Finanţelor şi citate de Agerpres.

1 month ago·Romania

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