Tuesday

3rd May 2016

Ticker

France set to miss EU deficit target

France risks EU fines after forecasts by the European Commission suggest the country is set to miss its 2015 budget deficit reduction target, reports CNBC. France's budget deficit is expected to remain at 3.9% of GDP, then drop to 3.4% next year, above the EU's 3% target.

News in Brief

  1. Hungary to hold migrant quota referendum by October
  2. France rejects TTIP in its current form, says Hollande
  3. New commander takes charge of US forces in Europe
  4. Spain issues arrest warrants for Russian officials
  5. Pro-Putin bikers refused entry by Poland, Lithuania
  6. Nato gives details of new Baltic force
  7. German state gets historic Green-CDU coalition
  8. Chinese police to patrol Italian streets

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