BREAKING NEWS

BREAKING NEWS

Germany's Altmaier: not certain France will breach EU deficit rule

Germany's Altmaier: not certain France will breach EU deficit rule
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ANNEGRET HILSE(Reuters)
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PARIS (Reuters) - Germany's Economy Minister Peter Altmaier said on Tuesday that he was not necessarily convinced France would overshoot the European Union's deficit limit of 3 percent of gross domestic product next year.

"There is room to manoeuvre," Altmaier told French TV station C News.

French Prime Minister Edouard Philippe told Les Echos newspaper earlier this week that the country's budget deficit was likely to breach the European Union's limit of 3 percent of GDP next year and stand at around 3.2 percent.

Altmaier added he was confident Germany could reach a deal with France regarding a tax on digital giants such as Facebook <FB.O>, Apple <AAPL.O> and Google <GOOGL.O> by the summer.

(Reporting by Sudip Kar-Gupta; Editing by Sarah White)

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