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Home » Topics » Finance Minister Pierre Moscovici

Finance minister: France needs €10 billion to reduce deficit

France must find up to 10 billion euros to bring its public deficit back to 4.5 percent of gross domestic product, Finance Minister Pierre Moscovici said on Monday. (AFP Photo/Georges Gobet)

France must find up to 10 billion euros to cut its public deficit to 4.5 percent of gross domestic product (GDP), Finance Minister Pierre Moscovici said on Monday. Moscovici told iTele television that the new socialist government was looking for seven to 10 billion euros ($12.5 billion), and added: “We…

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