The French Government have two years to bring its budget deficit to the requirements that the EU has in its member countries. That was the message from EU Commissioner Mr Dombrovskis today after a thorough examination has been made.
– The need for additional power efforts and we believe that our decision-making has created guidelines that help to achieve this, ‘said Mr Dombrovskis.
The background is that France had major problems with its economy for several years.
In addition, the growth of investments and investments in France at a very low level.
While unemployment is relatively high. This means that the government does not really get started his country’s economy as it wants.
Therefore believes the EU Commission that France’s national budget in a few years, being well above the limit set for how high a budget deficit may be.
The limit set is three percent of the amount you get when you count up the value of all goods and services produced during the year. It is called Gross domestic product, GDP.
France can not do without three per cent threshold is just over four percent over the next two years. But the French government can then take a break for it is in any case no EU fines as some feared.
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