Brussels is to reprimand France this week for breaching EU budget rules but is already bracing for a potentially far more serious clash with Paris should the far-right or left take power.
The European Commission is preparing to open a so-called excessive deficit procedure against France on Wednesday for breaching the EU’s borrowing limit of an annual 3 per cent of GDP, a move that was largely telegraphed earlier this year.
Alongside France, the commission will open an excessive deficit procedure against six other countries: Italy, Belgium, Malta, Slovakia, Hungary and Poland, according to two people familiar with the commission’s decision.
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