France Pressured to Shrink Deficit Amid Debt Worries

France Pressured to Shrink Deficit Amid Debt Worries

France is under pressure to shrink its deficit — the gap between government spending and revenue — as investors worry about rising debt and slow growth. The New York Times reported Oct. 13 from Paris that Emmanuel Macron, nearly a decade after first elected, leads a tense country near a fiscal breaking point. Restoring trust will likely require unpopular choices.

Published

Read at another depth