German government: France must adhere to Stability Pact

As France seeks an extension from the EU on the deadline to reduce its national deficit, tension arises between the new French government and some other European actors.

Martin Schulz supported the idea, but the German government insists that the country adheres to the guidelines of the European Stability Pact.

ESO: Background information: Commission concludes in-depth reviews to identify macroeconomic imbalances and assesses progress in fiscal consolidation http://www.europeansources.info/record/press-release-commission-concludes-in-depth-reviews-to-identify-macroeconomic-imbalances-and-assesses-progress-in-fiscal-consolidation/

ESO: Background information: France sees unexpected economic growth / France and Germany Lead Euro Zone to Higher Growth http://www.europeansources.info/record/france-sees-unexpected-economic-growth-france-and-germany-lead-euro-zone-to-higher-growth/

ESO: Background information: Hollande announces budget cuts, tax breaks http://www.europeansources.info/record/hollande-announces-budget-cuts-tax-breaks/

ESO: Background information: François Hollande will regret appointing new prime minister Manuel Valls to save the French government http://www.europeansources.info/record/francois-hollande-will-regret-appointing-new-prime-minister-manuel-valls-to-save-the-french-government/

EurActiv, 04.04.14: New French cabinet shelves European affairs http://www.euractiv.com/sections/eu-elections-2014/new-french-cabinet-shelves-european-affairs-301346

EurActiv, 07.04.14: Schulz and Juncker at loggerheads over France http://www.euractiv.com/sections/euro-finance/schulz-and-juncker-loggerheads-over-france-301389

EurActiv, 08.04.14: New French cabinet tests German waters http://www.euractiv.com/sections/euro-finance/new-french-cabinet-tests-german-waters-301405

EUObserver, 07.04.14: Germany points to France's deficit commitments http://euobserver.com/economic/123770

---