VIENNA: The euro zone must follow less restrictive economic policies if it wants desired levels of growth and inflation, French Finance Minister Michel Sapin told an Austrian paper, adding talks with the EU on cutting France's budget deficit were "optimal".
Asked about the EU giving France more time to meet its deficit target, he said: "I for my part had proposed that France reduce its budget deficit to 3 percent (of gross domestic product) by 2017. The dialogue between Brussels and Paris in this matter is optimal."
"The fact is that Brussels and the French government are getting closer to the same numbers when it comes to appropriate growth and the appropriate deficit," he was quoted as saying by Der Standard in an interview published on Thursday.
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