France FinMin Lescure stresses the importance of maintaining a medium-term deficit target of 3% of GDP

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France FinMin Lescure stresses the importance of maintaining a medium-term deficit target of 3% of GDP

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Context

France's Finance Minister Lescure reaffirming a medium-term deficit target of 3% of GDP underscores a commitment to fiscal discipline, which is crucial as the EU navigates economic uncertainties. Maintaining this target may influence investor sentiment and expectations around future economic policy, particularly in relation to energy stability and overall growth. This may have implications for Eurozone fiscal cohesion and could affect asset classes sensitive to fiscal developments.

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