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Strategies & Market Trends : Mish's Global Economic Trend Analysis
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To: Wyätt Gwyön who wrote (1572)3/9/2004 2:25:06 PM
From: mishedlo  Read Replies (1) of 116555
 
French budget deficit to fall below 3 pct of GDP in 2005

Finance Minister Francis Mer confirmed that France's public budget deficit will fall below 3 pct of GDP in 2005, in an interview to be published in Le Monde today.

This morning, statistics office Insee reported that France's public budget deficit stood at 4.1 pct of GDP in 2003, above the government's own target of 4.0 pct.
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2005 - how the Hell would he know that?
M
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