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France must slash its deficit, says German ECB member

15.02.13 @ 17:26

  1. By EUOBSERVER

Germany's envoy to the European Central Bank board, Joerg Asmussen, said France must set an example and slash its public deficit below 3% of GDP. French PM Ayrault had said France will miss the 3% target this year due to economic slowdown, with the EU commission signalling leniency on it.