French finance minister says eyes 2025 budget deficit in 5-5.5% range

© Reuters. FILE PHOTO: Newly appointed Minister for Economy, Finance and Industry Eric Lombard departs following a handover ceremony at the Bercy Economy and Finance Ministry in Paris, France, December 23, 2024. REUTERS/Saboor Abdul/File Photo

PARIS (Reuters) – French finance minister Eric Lombard said France’s budget situation was “serious” , adding he targeted a 2025 deficit in a range of 5% to 5.5% of gross domestic product (GDP).

Lombard also told France Inter radio that the budget deficit would “probably” be around 6.1% in 2024.

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