After 50 years of failing to balance its budget, France wants to narrow its deficit next year with €60bn-worth of tax rises and spending cuts.
But the belt-tightening poses a risk to growth, analysts and businesses say, in an economic climate that may be as fragile as the country’s government.
That, in turn, creates a headache for the Eurozone, where France’s relative health has acted as a bulwark against a sharp slowdown in Germany.
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