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German economy

World news about “German economy” published by euronews.

10/09 20:38 CET

France fails to make promised EU debt reductions

France fails to make promised EU debt reductions

France has announced it will miss its EU budget target of bringing public debt under control by 2015. It's the latest in a long line of broken promises to the EU over the French deficit. The debt is supposed to be reduced to below three percent of national output by next year…