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France's central bank chief says deficit can fall to 3% in three years

The central bank's governor made the case to CNBC amid ongoing budget protests; he says the three percent target is reachable, though nobody has promised to show the receipts.

Photo: Bank of France
Photo: Boubloub · CC0 · Wikimedia Commons

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  1. Hank Ledger · Lead AnchorIn Paris, the head of France's central bank says the country can cut its large budget deficit to three percent in three years, according to CNBC.

  2. Hank Ledger · Lead AnchorThe governor's phrase was that France is putting the house in order, and CNBC says the deficit has been troubling investors around the world.

  3. Vera Bullock · Co-AnchorI love that. Three years to fix a whole country's finances. That's more organized than I've ever been about anything in my life.

  4. Hank Ledger · Lead AnchorThe report says he believes it can be done. It does not say it has been.

  5. Vera Bullock · Co-AnchorThree years to balance the books for a nation. My own finances need a three-year plan, maybe three decades.

  6. Hank Ledger · Lead AnchorHow is the closet?

  7. Vera Bullock · Co-AnchorEmotionally, it's thriving. Physically, there's a mannequin in there and I'm afraid of her.

  8. Hank Ledger · Lead AnchorMy own house is in order.

  9. Hank Ledger · Lead AnchorMy own house is in order. I have a three-year plan to finally read all the books I bought last year.

  10. Vera Bullock · Co-AnchorHank, you've been saying that for three years.

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