Economics
France 2022 Deficit Forecast Widens on Macron’s Spending Splurge
- 100-euro handouts, investments, energy measures hit budget
- Deficit to be slimmer in 2021 on stonger growth, job creation
Emmanuel Macron during his "France 2030" investment plan presentation in Paris on Oct. 12.
Photographer: Ludovic Marin/AFP/Getty Images
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France’s 2022 budget deficit will be wider than forecast only a month ago after President Emmanuel Macron’s government announced plans to contain energy prices, hand out checks to more than half the population, and make high-risk investments in future industrial sectors.