EU’s Oettinger Urges France To Push Budget Deficit Below 3 Percent From 2020 | 11/28/2018 | Staff
BERLIN (Reuters) – The European Union will accept France running a budget deficit higher than the EU’s 3 percent ceiling next year, as long as it is a one-off event, EU Budget Commissioner Guether Oettinger said on Thursday.

France said last week that its headline deficit could grow to 3.2 percent of output next year from 2.8 percent initially planned.

President - Emmanuel - Macron - Pressure - Protests

President Emmanuel Macron is under strong pressure from violent protests at home to ease the impact of fiscal reforms.

“Under this condition, we will tolerate a national budget deficit higher than three percent...
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