France to be given budget leeway by European Commission after Paris attacks

November 17, 2015 10:16 AM

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France to be given budget leeway by European Commission after Paris attacks

The European Commission (EC) said it will reassess France’s budget needs once its security budget plans are made clear.

Commissioner Pierre Moscovici also said an agreement had been reached with Greece paving the way for the disbursement of bailout cash – a deal will release €2bn to Greece and a €10bn bank recapitalisation package. It came Italy, Spain, Austria and Lithuania were warned they were all at risk of missi...

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