Armand: France Can't Waver on Budget Deficit Targets

Armand: France Can't Waver on Budget Deficit Targets

Assessment

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Business, Social Studies

University

Hard

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The finance minister discusses the importance of maintaining a 5% budget deficit target by 2025 and a 3% target by 2029. Despite budget concessions costing €10 billion, the commitment to these targets remains firm. The minister emphasizes the need for responsible political leadership to ensure Europe's prosperity. Adjustments to the budget are compensated with savings and new measures, highlighting the importance of fiscal responsibility. The minister rejects the idea of keeping a higher deficit to avoid government collapse, underscoring a disciplined financial approach.

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5 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the 5% target that the finance minister is committed to?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What is the significance of the €10 billion cost mentioned in the budget?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

How does the finance minister plan to achieve the budget deficit reduction?

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4.

OPEN ENDED QUESTION

3 mins • 1 pt

What does the finance minister mean by saying that the commitment to reduce the budget deficit is not an option?

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5.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the consequences of keeping the deficit higher for longer according to the finance minister?

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