French Finance Minister Michel Sapin, said Wednesday that France maintains its goal of making 21,000 million euros of cuts in public spending in 2015, a week after stating that no I could do it because of low inflation.
“Controlling costs is a necessity and go to the end of the target of 50,000 million cuts planned until 2017, starting with 21,000 million planned for 2015,” said Minister at a press conference.
“The 2,000 million savings not be realized due to low inflation will be compensated,” he said, adding that the nominal amount of cuts will not be increased from the initial target.
Minister this contradicts statements made on September 2, told AFP, as he announced that the scheduled amount of the first part of the cuts would not be reached.
“We can not have the same objectives with inflation is still very low,” he said Sapin.
Meanwhile, the finance minister acknowledged Wednesday that France postponed again until 2017 instead of 2015, their commitment to the European limit public deficit, ie 3% of gross domestic product ( GDP).
No comments:
Post a Comment