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France's Budget Deficit
World Economy

France's Budget Deficit

France's Finance Minister Michel Sapin says the country will not achieve a 3% EU budget deficit target. France's budget deficit will be around 4.4% of GDP in 2014, drop to 4.3% in 2015, and will not go below 3% until 2017, he said, BBC reported. Sapin also lowered the country's growth projections for this year and next.

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