Arab Today, arab today france warns wont meet eu deficit targets as steps up security spending
Last Updated : GMT 19:41:13
Arab Today, arab today
Arab Today, arab today

France warns won't meet EU deficit targets as steps up security spending

Arab Today, arab today

Arab Today, arab today France warns won't meet EU deficit targets as steps up security spending

Armed police officers man a cordon around a car suspected
Paris - AFP

France warned Tuesday it won't meet its EU deficit obligations as it steps up spending on security in the wake of the Paris terror attacks.

With the government planning to hire an additional 8,500 law enforcement officers, France's EU-agreed spending limits "will certainly be exceeded as these resources ... won't be taken from other budgets," Prime Minister Manuel Valls told France Inter radio.

"We have to do this and Europe should understand this," he said. "It is also time that the EU, the European Commission, understand today that this battle concerns France, and also Europe."

France has already stepped up strikes on Islamic State, which claimed the Friday attacks, bombing the group's stronghold of Raqa in northern Syria, and has asked for military support from its EU partners.

EU defence ministers quickly backed the request for military assistance and commission officials signalled leniency on budget rules.

"The rules of the stability pact do not stop member states from defining their priorities. We understand that the priority is security," EU Economic Affairs Commissioner Pierre Moscovici told a news conference.

The EU's stability pact obliges member states to keep their public deficits under 3.0 percent of gross domestic product.

Eurozone states with excessive deficits are subject to fines if they are not making substantial efforts to bring them back down.

France, which hasn't been able to bring its public deficit back under the three percent limit since the global financial crisis struck in 2008, had agreed with the EU to reduce the deficit to 3.8 percent of GDP this year, 3.3 percent in 2016 and 2.7 percent in 2017.

Moscovici, the former French finance minister, said the tough budgetary rules imposed by Brussels after the eurozone debt crisis were "neither rigid nor stupid, they are capable of dealing with situations.

"It is in that spirit that we are in discussions with the French government."

President Francois Hollande also announced Monday that France would hire additional law enforcement officers as it seeks to confront the increased security threat, and cancelled the elimination of 9,200 posts in the military that the country had been scheduled to make by 2019.

A government minister also called Tuesday for security screening with metal detectors at all rail stations, which would also require increased spending.

However the head of Medef, France's top business association, warned that the government shouldn't abandon efforts to find savings in public spending.

"It is without a doubt necessary to reinforce security measures" Pierre Gattaz told reporters.

"But measures to optimise public spending must absolutely continue" he said, warning the government against "flushing away" the progress made so far.

 

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today france warns wont meet eu deficit targets as steps up security spending Arab Today, arab today france warns wont meet eu deficit targets as steps up security spending

 



Arab Today, arab today
Arab Today, arab today Hats, scarves add beauty to women

GMT 19:10 2017 Friday ,17 February

Hats, scarves add beauty to women
Arab Today, arab today Tourist guide reveals methods of tourist attractions

GMT 17:46 2017 Saturday ,18 February

Tourist guide reveals methods of tourist attractions
Arab Today, arab today To release new antiques collection

GMT 20:33 2017 Friday ,17 February

To release new antiques collection
Arab Today, arab today Leader Omar Abdel Rahman dies in US prison

GMT 19:00 2017 Sunday ,19 February

Leader Omar Abdel Rahman dies in US prison
Arab Today, arab today Murder of 2 reporters in Dominican Republic

GMT 22:45 2017 Thursday ,16 February

Murder of 2 reporters in Dominican Republic
View News in Arabic - Business: اقتصاد دولي
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Kidogo provides childcare for underserved

GMT 20:24 2017 Wednesday ,15 February

Kidogo provides childcare for underserved
Arab Today, arab today Tragic fluctuations of Bakhtiari's life revealed

GMT 06:50 2017 Wednesday ,15 February

Tragic fluctuations of Bakhtiari's life revealed
Arab Today, arab today London to tax old cars

GMT 14:06 2017 Friday ,17 February

London to tax old cars
Arab Today, arab today Pluto's unruly moons

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons
Arab Today, arab today Competes Sweden and Germans by S90

GMT 22:36 2017 Thursday ,16 February

Competes Sweden and Germans by S90
Arab Today, arab today Porsche reveals new 2018 Panamera

GMT 17:31 2017 Wednesday ,15 February

Porsche reveals new 2018 Panamera
Arab Today, arab today Actress Nadeen Al Rassi views art as her entity

GMT 07:30 2017 Saturday ,18 February

Actress Nadeen Al Rassi views art as her entity
Arab Today, arab today Teach monkeys to recognize themselves in mirror

GMT 20:41 2017 Wednesday ,15 February

Teach monkeys to recognize themselves in mirror

GMT 07:05 2017 Friday ,17 February

Singer Diana Karzon will issue a new album soon

GMT 06:40 2017 Friday ,10 February

MP calls for removing text from Islamic story

GMT 13:16 2017 Tuesday ,14 February

First fashion model with Down syndrome

GMT 10:26 2017 Tuesday ,14 February

Emergency UN meeting in Harare

GMT 14:04 2017 Tuesday ,14 February

"Lagom" new Swedish concept in interior design

GMT 12:07 2017 Thursday ,16 February

Bite-mimicking malaria vaccine

GMT 09:03 2017 Thursday ,16 February

Tour guide praises women’s beaches

GMT 13:12 2015 Saturday ,09 May

Sheikh Sultan opens Sharjah Centre

GMT 21:42 2017 Sunday ,12 February

Rania al-Ghazali designs candles of bubbles
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday