Home / News / World News / Article / EU criticises France over its debt spending

EU criticises France over its debt spending

France was one of seven nations instructed by the EU Commission to start an “excessive deficit procedure”, the first step in a long process before any member state can be hemmed in and moved to take corrective action

Listen to this article :
Jordan Bardella, president of France’s far-right National Front party, talks to reporters. Pic/AP

Jordan Bardella, president of France’s far-right National Front party, talks to reporters. Pic/AP

The European Union’s executive arm has criticised France for running up excessive debt, a stinging rebuke that comes as where President Emmanuel Macron facing a strong political challenges.

France was one of seven nations instructed by the EU Commission to start an “excessive deficit procedure”, the first step in a long process before any member state can be hemmed in and moved to take corrective action.

Trending Stories

Latest Photoscta-pos

Latest VideosView All

Latest Web StoriesView All

Mid-Day FastView All

Advertisement