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France lags behind on debt target

05 July 2012


France is not doing enough austerity to meet Hollande’s debt GDP target for 2013, says LGIM economist

Read more: France LGIM

France needs to do more austerity to tackle its debt problem, according to Heta Meta, economist at Legal & General Investment Management (LGIM).

Meta said that French Prime Minister Francois Hollande’s policies do not match up to his intention to balance the country’s budget by 2017....