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EU criticises France over its debt spending
Updated On: 20 June, 2024 07:13 AM IST | Brussels | Agencies
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
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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.
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