Paris, France is counting on further reforms such as the overhaul of unemployment insurance to bring the budget deficit under control, Prime Minister Gabriel Attal said in the wake of SandP Global Ratings’ decision to lower the nation’s credit rating.
President Emmanuel Macron brought the deficit below 3% of gross domestic product early in his first term thanks to reforms that he pursued and can do so again, Attal said Sunday in an interview on France 3 television.
Source: Bahrain News Agency