PARIS (Reuters) -France’s budget deficit will be 5.4% in 2025, in line with the Bank of France’s target, even though the Bank has lowered the growth outlook for this year and the two following years, its head told franceinfo on Thursday.
Governor François Villeroy de Galhau is also a member of the European Central Bank.
After expanding 1.1% last year, the euro zone’s second-biggest economy is set to grow only 0.6% this year, the Bank of France forecast on Wednesday, revising its estimate down from 0.7% projected three months ago.
(Reporting by Benoit Van Overstraeten; Editing by Barbara Lewis)