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France to miss deficit target admits Hollande

12.03.13 @ 18:37

  1. By EUOBSERVER

France will miss its target to reduce its budget deficit to 3 percent, President Hollande admitted Tuesday. The deficit would "without a doubt" be 3.7 percent in 2013, he said. The news came as Bundesbank boss Jens Wiedmann complained that French economic reform measures had "floundered".

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