Bruxelles ask France to cut more on expenses
Even if European finance committee should accept the French 3 years budget (2015 to 2017), France is still on the grill.
France is currently the bad pupil of Europe with fast growing public-debt and unsustainable deficit, while other economy are well on there way to struggle deficit and restore their finance.
Despite the bad economic climate, the always putted forward return to 3% deficit is now a main concern at european level.
France is between the scissors of Hollande’s promise to stop increasing tax and european request to lower deficit and guaranty the 3 year plan.