Moody's judged on Wednesday "unlikely" that France will meet its objective of reducing the public deficit to 2.7% by 2027. The American agency estimated that the 10 billion savings targeted by the government will not be enough to catch up with the slippage.

France, the third most indebted country in the euro zone, has promised its European partners to bring its deficit below 3% of GDP in 2027, an objective that the Minister of the Economy maintains with “total determination”