France has a “very serious” budgetary deficit, Prime Minister Michael Barnier said, weeks after France was placed on a formal procedure for violating European Union budgetary rules. Barnier, who was appointed to lead the French government on September 6 after months of political deadlock, has previously suggested tax rises to help stabilise finances.
The post France’s budgetary situation is ‘very serious’, new PM Barnier says appeared first on World Online.
