France will only slightly overshoot the European Union's deficit target thi...
PARIS - France will only slightly overshoot the European Union’s deficit target this year despite extra fiscal strain from a package of concessions to anti-government protestors, updated forecasts from the Finance Ministry showed on Wednesday.
However, facing a series of violent protests against the high cost of living and anti-elitism, Macron announced a more than 10 billion euro package of measures in December to boost the incomes of the poorest workers and pensioners. Following growth last year of 1.6 percent, the government now expects the economy to expand 1.4 percent annually from this year through to the end of Macron’s term in office in 2022, the forecasts showed.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Macron's pro-EU party kicks off European Parliament campaign
Read more »
The Latest: May: Vote is last chance to guarantee BrexitUK Prime Minister Theresa May says vote on EU divorce deal is 'the last opportunity to guarantee Brexit.' The agreement still faces substantial opposition even after she promised to quit if lawmakers approved it and let Britain leave the EU in May.
Read more »
Barnier says chaotic Brexit becomes ever more likelyBRUSSELS (AP) — EU chief negotiator Michel Barnier says that Britain's exit from the European Union without a deal 'becomes day after day more likely' after the U.K. parliament again rejected alternatives to the government's unpopular divorce deal. Despite the downbeat assessment, Barnier did say that 'we can still hope to avoid it' through intensive work in London ahead of an April 10 summit. A no-deal Brexit could come as soon two days after that. Despite the difficulties of a chaotic exit, 'the EU will be able to manage,' Barnier said, although he warned that 'not everything will be smooth.'
Read more »
Analysis | Britain was supposed to be on its way out of the E.U. Instead, it may have to hold European elections.Analysis: Brexit’s latest twist? Britain may end up in European election if it doesn’t leave soon.
Read more »
EU agency is said to have skipped 737 Max meeting in snub to BoeingThere was a prominent no-show among the 200 regulators, pilots and airline managers that Boeing Co. invited to preview a crucial software update for the 737 Max this week, said people familiar with the matter: European safety officials.
Read more »
EU Commission says no-deal Brexit on April 12 'likely'The European Commission on Friday said a no-deal Brexit on April 12 was now &quo...
Read more »
Chance of UK 'no-deal' Brexit has risen 'sharply', says FranceFrench President Emmanuel Macron's office said on Friday the risk of Britai...
Read more »
Why the EU wants to stop moving the clocks forwards and backMany scientists think that changing the clocks messes with humans’ circadian rhythms
Read more »
'Yellow vest' numbers down in 20th week of French protestsThousands of demonstrators marched in cities around France on Saturday for a 20t...
Read more »