Dijsselbloem says the numbers that you hear on the Gallic country “is not encouraging”
Germany and the European Commission insists that “all must follow the rules” on budget issues, but France responds with “some explanations “You can keep your plans with figures that clearly violate their commitments to deficit reduction. Although officially yesterday in the Eurogroup finance ministers eurozone spoke “of the economic situation in general”, everyone was looking at the problem of the second economy in the single currency, which encyst in their own political problems.
In the press conference the president of the Eurogroup, Dutchman Jeroen Dijsselbloem denied that the case of France it had been “peeking behind the curtain” and the minister French Michel Sapin complained that it has “established the habit of speaking of only two countries (France and Italy) and when the time comes you will see that there are a considerable number” of budgets in conflict situation to the Commission. However, all comments in the corridors of the Council building in Luxembourg and the statements of the ministers were around the delicate situation of France. The same Dijsselbloem said that “the numbers that you hear about France is not encouraging.”
Just today begins the parliamentary debate in Paris on the budgets of 2015, as have designed by Manuel Valls Government nor of lejos- not meet commitments on deficit reduction, ie, in the field of cuts. Commissioner of Finance, Jyrki Katainen, reminded the ministers that have until the 15th to send a draft public accounts, that before the end of the month, the Commission compare with the commitments made by each country before determine whether or not they meet the rules.
The only thing they agree France and the EC is that any deduction from a priori what is a purely arithmetical exercise “would be premature” and to wait, as Michel Sapin said that the budget debate “mature” in Paris and in Brussels, given that on November 1 if all goes well-there will be a new Commission chaired by Jean-Claude Juncker, the dose that is expected renewal on how to tackle the crisis.
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