1 percent of GDP in 2015 after extra savings
PARIS (Reuters) France confirmed on Wednesday that canada goose coats on sale it canada goose black friday sale would cut its public deficit to 4.1 pct of buy canada goose jacket cheap economic output in 2015, revising down a previous 4.3 percent target following extra Canada Goose Jackets savings it had announced to avoid EU sanctions.
A view shows cranes at buy canada goose jacket a construction site for new housing buildings in Paris September canadian goose jacket 3, 2014. REUTERS/Benoit Tessier
France was given another two years in 2013 to canada goose uk outlet cut its deficit down to the EU limit of 3 percent of GDP, but it said in September its canada goose 2015 deficit would miss that target Canada Goose online and only fall from 4.4 percent of Gross Domestic Product (GDP) this Canada Goose Coats On Sale year Canada Goose Outlet to 4.3 canada goose uk black friday percent next year.
It had since offered to trim its canada goose store deficit by another 3.6 3.7 billion Canada Goose Online euros, but had so far not officially announced the impact of the extra savings on the deficit.
officially announce canada goose clearance that we are revising the 2015 deficit to 4.1 percent of GDP from 4.3 percent initially without touching the fundamentals of French economic policy, Finance Minister Michel Sapin canada goose coats told reporters.
The reduction includes 1.6 billion euros in new receipts and savings, 800 million euros in anti fraud measures and 1.2 billion euros in other uk canada goose outlet measures.
Sapin said the cost savings and extra measures would Canada Goose sale allow France to reduce its canada goose clearance sale structural deficit, which excludes the canada goose factory sale impact of the business cycle and is closely Canada Goose Parka watched in canada goose uk online website shop Brussels, by more than 0.5 percentage points of GDP.
He said the revision would also help France meet its long term deficit targets.
revision will enable us to be under, even largely https://www.topparka.ca under the cheap Canada Goose 3 pct (target) in 2017, Sapin said.
Sapin also repeated a government pledge that there would be no new taxes over the next three years.
government cheap canada goose uk will propose uk canada goose no new tax rises in 2015, 2016 or 2017. The only contributions that will increase are in decisions that have already been taken, he said.
