France is expected to ignore European Commission fiscal consolidation recommendations, according to Barclays economist Silvia Ardagna. She warns of a trade-off between political stability and budgetary discipline. The government may water down earlier proposals to maintain its position.
- France anticipated to reject EU fiscal consolidation advice, contrary to ECB's stance.
- Trade-off between political stability and fiscal discipline expected in French policy decisions.
- Government likely to dilute previous fiscal proposals to maintain coalition cohesion.
📎 Related coverage from: bloomberg.com
