Marine Le Pen unveils fiscal austerity budget amid French bond yield volatility
NMR Nomura Holdings Inc ADR
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View chart & analysis → - 1Marine Le Pen unveiled her shadow budget for next year on Tuesday.
- 2Le Pen's target to reduce the deficit to 3.7% of economic output next year is lower than the government's 5% target.
- 3France's expected budget deficit of 5.4% of GDP this year exceeds the EU's 3% limit relative to GDP.
So what's the key point?
Marine Le Pen announced her budget plan for next year. The plan is drawing attention because it aims to reduce the deficit by a smaller amount than the government's target.
Source MarketWatch +1 · View original ↗
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