France says working towards three percent/GDP deficit for 2014
February 23, 2013 12:56 AM EST
France will talk to its EU partners and the European Commission in the weeks ahead about pushing back its deficit-cutting timetable and now aims to hit 3 percent of GDP in 2014 not this year, Finance Minister Pierre Moscovici said on Friday.
Moscovici, reacting to economic forecasts from the Commission that put France's public deficit at 3.7 percent of gross domestic product for 2013, said the government still maintained its longer term goal of a zero deficit in 2017.
(Reporting by Leigh Thomas; Writing by Catherine Bremer; editing by Mark John)
Most Popular Slideshows
- In Photos, Typhoon Rammasun Blasts the Philippines
- Ellen DeGeneres Caught Cheating with Mutual Friend Before Portia de Rossi’s Rehab – Reports [PHOTOS]
- Flight MH17 Attack: Russians Claim 'Putin A Terrorist,' Memorial at Dutch Embassy Overflows [PHOTOS]
- Malaysia Airlines MH17: Vital Black Boxes Finally Land in Hands of Malaysian Authorities, Rebels Announce Ceasefire (PHOTOS/VIDEOS)
Join the Conversation
- Tourre on stand says email in SEC case 'not accurate'
- Syrian authorities blocking access to needy in Homs - Red Cross
- Faith in European Union at low ebb, EU poll says
- Former UBS banker gets 18 months, $1 million fine, for muni bid-rigging scheme
- U.S. judge halts challenges to Detroit's bankruptcy bid
- Google Nexus 8 Release Date Soon Along with 2 More HTC Android Tablets – Reports
- Windows Phone 8.1 Update Rollout: 20 Nokia Lumia Phones Eligible and 13 New Features to be Added
- Moto 360 Price Speculations, Key Features, Strategic Release Date, Design: A Watch That is More Than Just Time
- Sony PlayStation 4 Outsells a Resurgent Xbox One in June
- Killer Xiaomi Mi4 at $369 Likely to Come With 5.0-Inch Display, Snapdragon 801 Processor, 3GB RAM and More
- Three New Moto G Successors Spotted in FCC Document Dubbed Moto G2, Moto M and More --Reports
- NVIDIA Shield Gaming Tablet with Tegra K1 SoC Reported to be Released on July 29