France: it will “probably be difficult to meet” the objective of a public deficit of 4.9% of GDP in 2023. A second bad news for the government, which has just revised downwards the growth forecast for the year 2024.
This growth forecast "takes into account the new geopolitical context", explained the Minister of the Economy on the TF1 television channel, referring to the war in Ukraine, the Middle East, the "very marked economic slowdown in China" and " a recession in2023 in Germany"