France predicts it will fail to meet EU budgetary targets this year, but the European Commission is unlikely to take action.
French Prime Minister Jean-Marc Ayrault told national TV on Wednesday (13 February) that the EU target of 3 percent budget deficit by the end of this year is slipping out of reach.
"We won't be there exactly at 3 percent in 2013 for a simple reason because growth in France, in Europe and the world is weaker than expected," he said.
"We won't be far o...
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