France Plans Harsher Spending Cuts After Overshooting Deficit Target
TL;DR Summary
France has exceeded its deficit target, prompting plans for additional spending cuts as part of its fiscal policy. The country's deficit is expected to reach 3.2% of GDP in 2022, surpassing the 3% target set by the EU. The government aims to implement further spending reductions in order to meet its fiscal commitments and stabilize the economy.
- France overshoots deficit target and plans more spending cuts Financial Times
- Macron's Government Warns of Harsher Spending Cuts Next Year Yahoo Canada Finance
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