Research (Česká spořitelna)
Markets  |  April 18, 2013 09:03:51

The French government admitted that public deficits exceed estimates


The French government yesterday admitted that it will have greater deficits than originally expected, but promises that by 2016 it certainly gets the (structural) budget somewhere to zero. About this its promise is now trying to convince the European Commission after she was under the influence of a weak economy recently admit that the 3% deficit by 2013 will not be. 2014 The government yesterday planned additional taxes (6 billion) and spending cuts (14 billion). No, I do not see France grow 1.2% in 2014, 2% in the years 2015-2017, which seems to us very optimistic. In any case, if France and Bond's markets come into conflict, not a pretty sight.And with that, as it evolves French economy and how the government builds, the perceived likelihood of such a conflict is growing.

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Francouzská vláda přiznala, že deficity veřejných financí překonají odhady

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