France Unveils New Cuts as Weaker Growth Imperils Deficit Goal

France said it would make €3 billion ($3.4 billion) of additional budget cuts this year as it struggles to keep on track with narrowing the budget shortfall after weaker economic...

By William Horobin · Bloomberg Markets

France said it would make €3 billion ($3.4 billion) of additional budget cuts this year as it struggles to keep on track with narrowing the budget shortfall after weaker economic activity threatened its plans.