B2 The Daily of Geopolitical Europe. News. Files. Reflections. Reports

France is tightening its belt… a little. Defense pays… a lot

22th February 20134th May 2014 Nicolas Gros Verheyde

(BRUSSELS2) The outcome is not in doubt. The European Commission will announce economic forecasts which will not meet French expectations. Growth is sluggish. And the 3% deficit target cannot be kept. The French government has therefore decided to put the booster in and cut the budget. According to Echoes, it is the Ministry of Defense which will pay the maximum of the painful: 384 million euros will thus be frozen in 2012. But the Ministries of the Economy and that of Education are also called to the rescue, respectively 305 million and 250 million euros.

Nicolas Gros Verheyde

Chief editor of the B2 site. Graduated in European law from the University of Paris I Pantheon Sorbonne and listener to the 65th session of the IHEDN (Institut des Hautes Etudes de la Défense Nationale. Journalist since 1989, founded B2 - Bruxelles2 in 2008. EU/NATO correspondent in Brussels for Sud-Ouest (previously West-France and France-Soir).

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Nicolas Gros Verheyde

Nicolas Gros Verheyde

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