France’s poll-leading Socialist presidential candidate Francois Hollande said on Thursday that budget-cutting targets should not be set in stone and he would bend them in favour of growth, Reuters reported.
Hollande, who has been shown mostly ahead of rival President Nicolas Sarkozy in pre-election polls, has promised to balance French finances by 2017 if he wins the April-May contest.
“I will make the savings that are needed, but at the same time I will not sacrifice the interests of our country,” Hollande said on French television.
The Socialist leader’s deficit targets are based on forecasts of 1.7 percent growth in 2013, 2 percent in 2014 and between 2 and 2.5 percent from 2015 to 2017, figures which economists have said are overly optimistic.
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