France Economy: Deficit at 5.5% in 2023, Macron’s Strategy in Doubt

Описание к видео France Economy: Deficit at 5.5% in 2023, Macron’s Strategy in Doubt

The gap between French income and outlays expanded to 5.5% of GDP in 2023, far wider than the 4.9% the government planned for in its budget. The situation is undermining President Emmanuel Macron’s credibility as an economic reformer capable of resolving the country’s fiscal challenges. Bloomberg's Alan Katz reports.

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