France’s new PM warns of ‘very serious’ financial situation …C0NTINUE READING HERE >>>
Public finances are Michel Barnier’s prime concern.
Photo: JEFF PACHOUD / POOL/AFP
Source: AFP
France’s budgetary situation is “very serious”, Prime Minister Michel Barnier told AFP on Wednesday, saying more information was needed to gauge the “precise reality” of French public finances.
France was placed on a formal procedure for violating European Union budgetary rules before Barnier was picked as head of government this month by President Emmanuel Macron.
And the Bank of France…
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