France .. The budget deficit of 2024 declined to less than expected

The data of the French Statistics Agency (Ansi) today, Thursday, showed the budget deficit of 2024 to less than expected, which gives the government a space for breathing as it suffers from the burden of reducing its debts.

Less -comfortable deficit

The data indicated that the deficit increased to 5.8% from 5.4% in 2023, according to the Bloomberg News Agency. The Ministry of Finance had expected a greater deterioration of about 6%.
The least deficit provides some comfort for France after it witnessed the reduction of the deficit after the Coffeen 19-and inflation crisis.

The financial difficulties of the country coincide with a lengthy politician after the early elections held last year, which sparked a sale in the bond market.
The result also gives the government a better starting point, while seeking to reduce the deficit to 5.4% of GDP this year and in the range of 3% European Union borders by 2029.