French fin min on the wires

  • +1.5% in 2016
  • inflation to be "about zero" in 2015
  • plans deficit of 3.3% in 2016, less than 3% in 2017. currently 3.8%
  • French economy is creating jobs
  • French debt load will not reach 100% of GDP
  • was right for France to ask EZ partners for a delay in bringing down borrowing last year
  • French economy has regained credibility in Europe

EURUSD 1.1275 EURGBP 0.7348 EURJPY 135.64 not paying much attention right now

French fin min Sapin in cautious but defiant mood