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International Business Times
International Business Times
Business
Ali BEKHTAOUI

France Must Make 'Credible' Progress On Deficit: Finance Minister

France's Economy Minister Antoine Armand said that lower interest rates would help support business investment (Credit: AFP)

France must take "credible" steps to tackle its high deficit, its new finance minister said Thursday, shortly before a major credit ratings agency gives its verdict on the country's sovereign debt.

Antoine Armand spoke to AFP on the sidelines of the Annual Meetings of the International Monetary Fund and the World Bank in Washington ahead of a Moody's decision, expected Friday, on France's credit rating.

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