Tax & Spend
EU Is Set to Place France on Watch List in Fiscal Assessment
- Germany, Italy deemed not fully compliant with budget rules
- European Commission scheduled to publish assessments Tuesday
The National Assembly in Paris, France.
Photographer: Benjamin Girette/BloombergThis article is for subscribers only.
France is at risk of flouting European Union fiscal guidance while Germany and Italy aren’t seen to be fully complying, people familiar with the matter said in advance of an annual scorecard from Brussels.
The draft watch list of countries — scheduled for release on Tuesday — forms part of the European Commission’s opinion on national budgets for 2024, a year when the bloc is set to reinstate debt and deficit rules suspended during the pandemic.