France will do what is needed to meet euro-area budget goals, Dutch Finance Minister Jeroen Dijsselbloem said today.
French Finance Minister Michel Sapin arrives in Washington today carrying President Francois Hollande’s message that the time has come to slow the pace of deficit-cutting -- again.
French President Francois Hollande’s push to slow the pace of deficit reduction is unlikely to trigger any increase in borrowing costs, according to economists surveyed by Bloomberg News.
France’s new Prime Minister Manuel Valls pledged to cut taxes and spending to improve France’s competitiveness, as he promised to get Europe’s second-largest economy growing again.
Manuel Valls faces his first test as French prime minister today as he attempts to balance European demands on taming the deficit and voters angry with austerity measures.
Estonia’s economy will expand more slowly than previously estimated this year as sanctions imposed against neighboring Russia may dent the already-weak outlook for exports, the Finance Ministry said.
Dutch Finance Minister Jeroen Dijsselbloem urged France to stick with its deficit reduction plans, signaling his opposition to President Francois Hollande’s bid to slacken the pace of austerity.
Italian Prime Minister Matteo Renzi is facing renewed signs of economic weakness as his 100-day legislative remedy risks stalling in the divided parliament.
With the appointment of Manuel Valls, France has a Tony Blair fan as its new prime minister.
Following is a summary of Cuba’s February tourist arrivals from the National Statistics Office in Havana: