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"I hope that budgetary consolidation and structural reforms will go hand in hand," Mr Almunia tells France (Photo: European Commission)

Brussels wags finger at French economy

by Lucia Kubosova, Brussels,

Just a month before France takes over the EU's helm, it has received an official warning from the European Commission that the country needs to push forward structural reforms to mend its public finances as promised.

"The message is that reforms need to take place in France," EU economy commissioner Joaquin Almunia told reporters after the EU collectively adopted a "policy advice" paper for Paris on Wednesday (28 May).

The document includes suggestions that the country should "ca...

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"I hope that budgetary consolidation and structural reforms will go hand in hand," Mr Almunia tells France (Photo: European Commission)

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