France threatens to ignore deficit cut warning

France on Tuesday defied the European Union's economic rules by suggesting it may not abide by an official order from the other governments to reduce its deficit sharply in the next four years. One finance minister said France's threat not to comply with the warning could undermine the pact's strength.

The stand-off between Paris and other national capitals, backed by the European Commission, is set to become the most important test yet of the credibility of the stability and growth pact - the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: