EU criticizes France for excessive debt, placing pressure on Macron in election campaign

Reported 8 months ago

The EU's executive arm criticized France for having excessive debt, a move that comes amid President Emmanuel Macron's challenging election campaign against the extreme right and left. The EU Commission recommended a corrective procedure for seven nations, including France, due to deficits exceeding 3% of GDP. Macron's opponents advocate deficit spending, posing a dilemma for his campaign amidst economic concerns and political pressures.

Source: YAHOO

View details

You may also interested in these wikis

Back to all Wikis