{"id":4570,"date":"2016-09-15T11:42:14","date_gmt":"2016-09-15T11:42:14","guid":{"rendered":"https:\/\/oradeo.com\/?p=4570"},"modified":"2016-09-15T11:42:14","modified_gmt":"2016-09-15T11:42:14","slug":"low-growth-rates-mean-french-will-not-meet-deficit-targets","status":"publish","type":"post","link":"https:\/\/oradeo.com\/2016\/09\/15\/low-growth-rates-mean-french-will-not-meet-deficit-targets\/","title":{"rendered":"Low growth rates mean French will not meet deficit targets"},"content":{"rendered":"<h2><\/h2>\n<p><em>Reuters.com<\/em>\u00a0&#8211;\u00a0<em>13\/02\/13<\/em><br \/>\nThe French government have admitted that they will not meet their deficit target of 3% of nominal GDP by the end of this year, an agreement that was made with the European Commission. This was announced shortly before news of a 0.3% shrink in the economy in the fourth quarter of last year was released. On Wednesday, French Prime Minister, Jean-Marc Ayrault, said that the deficit will \u201cnot be exactly at 3% at the end of the year\u201d, but maintains that the government\u2019s pledge to eliminate the deficit by 2017 is still possible.<\/p>\n<p>Low growth rates on a French, European and Global level are said to be the reason that this deficit target will not be reachable, according to Ayrault. Many are suggesting that the optimistic Frenh growth rate target of 0.8% may be reduced. The European Commission has stated, in communication with French Ministers, that it may extend the French deadline for reducing the budget deficit if growth deteriorates unexpectedly.\u00a0<a title=\"Read More\" href=\"http:\/\/www.reuters.com\/article\/2013\/02\/13\/france-economy-idUSL5N0BD1ZG20130213\" target=\"_blank\"><b>Read More<\/b><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Reuters.com\u00a0&#8211;\u00a013\/02\/13 The French government have admitted that they will not meet their deficit target of 3% of nominal GDP by the end of this year, an agreement that was made&#8230;<\/p>\n","protected":false},"author":22,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-4570","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Low growth rates mean French will not meet deficit targets | Oradeo<\/title>\n<meta name=\"description\" content=\"| Low growth rates mean French will not meet deficit targets\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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