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Hollande's unpopularity continues to plumb new depths amid the economic downturn (Photo: consilium.europa.eu)

France wants billions from EU's 'New Deal'

France wants €10 billion a year from the EU’s “New Deal” fund, amid warnings that its budget profligacy could harm the “credibility” of EU financial rules.

French economy minister Emmanuel Macron mentioned the figure in an interview with the Journal du dimanche on Sunday (12 October).

Referring to the European Commission’s plans to create a new investment fund, he said: “Europe ne...

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Author Bio

Nikolaj joined EUobserver in 2012 and covers home affairs. He is originally from Denmark, but spent much of his life in France and in Belgium. He was awarded the King Baudouin Foundation grant for investigative journalism in 2010.

Hollande's unpopularity continues to plumb new depths amid the economic downturn (Photo: consilium.europa.eu)

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Author Bio

Nikolaj joined EUobserver in 2012 and covers home affairs. He is originally from Denmark, but spent much of his life in France and in Belgium. He was awarded the King Baudouin Foundation grant for investigative journalism in 2010.

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