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About: http://data.cimple.eu/news-article/7c9fb386dec530a7d4564579af6c97e4900a4d07e53cdaf67efcf45c Goto Sponge NotDistinct Permalink

An Entity of Type : schema:NewsArticle, within Data Space : data.cimple.eu associated with source document(s)

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rdf:type	schema:NewsArticle
schema:articleBody	France's budget deficit for 2021 will stand at 220 billion euros, some 47 billion higher than previously estimated, Olivier Dussopt, public accounts minister, told AFP on Saturday. The increase is "a result of supporting measures that we're continuing to take to support the recovery" from the devastating effects that Covid-19 shutdowns wreaked on the eurozone's second-largest economy, he said. It is not yet clear how the revised numbers will affect the budget deficit when expressed as percentage of GDP, which was previously forecast to hit 9 percent this year, a postwar record. Public debt was previously forecast to reach 118 percent of GDP. The Covid-19 pandemic is expected to cost the French state nearly half a trillion euros over three years -- 158 billion euros in 2020, an expected 171 billion euros in 2021 and a forecast 96 billion euros in 2022, Dussopt said in April. France has borrowed heavily to try to keep the economy afloat through three nationwide lockdowns, including money spent on supporting salaries of people furloughed and aid for companies struggling to stay afloat during the crisis. boc/yad/ach
schema:headline	French budget deficit 47bn euros higher in 2021: minister
schema:mentions	Eurozone Government budget balance Agence France-Presse French language Government debt Gross domestic product Pandemic France Coronavirus disease 2019 Olivier Dussopt Yad
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-05-29 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	negative sentiment
http://data.cimple...readability_score	86 (xsd:integer)
http://data.cimple...tology#hasEmotion	fear

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