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France's new PM warns of 'very serious' financial situation
France's new PM warns of 'very serious' financial situation
Economy
by  AFP

France's budgetary situation is "very serious", Prime Minister Michel Barnier told AFP on Wednesday, saying more information was needed to gauge the "precise reality" of French public finances. "I am discovering that the country's budgetary situation is very serious," Barnier said in a statement to AFP. "This situation requires more than just pretty statements.