Eu Rebukes France For Breaking Budget Rules News Djournal The eu on wednesday reprimanded france for breaching the bloc's budget rules under president emmanuel macron, 10 days before snap elections marked by lavish spending promises. The european commission on wednesday reprimanded france for breaching the eu's budget rules under president emmanuel macron, in the runup to snap elections marked by lavish spending promises.
Eu Rebukes France For Breaking Budget Rules Courthouse Newsођ By: news wires. advertising. france, italy and five other eu countries were placed in a formal procedure on friday for violating the bloc's budget rules, a step that could lead to unprecedented. The eu on wednesday reprimanded france for breaching the bloc's budget rules under president emmanuel macron, 10 days before snap elections marked by lavish spending promises. the news will be a blow to macron as it is the first time france returns to the eu's public spending sin bin since he came to power in 2017. European commission reprimands france and six countries for breaking budget rules. the european union's executive arm is considering opening 'excessive deficit procedures' against belgium, france. Eu rebukes france for breaking budget rules. the eu limits member states' deficits to 3% of gdp. as france heads to the polls, the finance minister has warned the country could be thrown into a debt crisis under either the far right or a new left wing alliance. french president emmanuel macron attends a video conference as part as the ai summit.
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