[Stewart Meadows]

Macron's credibility shattered as France joins Italy in budget disgrace




Emmanuel Macron’s bid to buy off France’s “gilets jaunes” protesters with instant budget handouts threatens to blast through eurozone’s fiscal limits, fatally damaging his credibility as the champion of the European project and the guardian of French public accounts.

The package of short-term measures announced in a theatrical mea culpa on Monday night leaves President Macron’s putative “grand bargain” with Germany in tatters.

https://www.telegraph.co.uk/business...dget-disgrace/