Germany’s Altmaier: not certain France will breach EU deficit rule

PARIS (Reuters) – Germany’s Economy Minister Peter Altmaier said on Tuesday that he was not necessarily convinced France would overshoot the European Union’s deficit limit of 3 percent of gross domestic product next year.

“There is room to maneuver,” Altmaier told French TV station C News.

French Prime Minister Edouard Philippe told Les Echos newspaper earlier this week that the country’s budget deficit was likely to breach the European Union’s limit of 3 percent of GDP next year and stand at around 3.2 percent.

Altmaier added he was confident Germany could reach a deal with France regarding a tax on digital giants such as Facebook (O:), Apple (O:) and Google (O:) by the summer.

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