French President Emmanuel Macron at a press conference at the Chancellery on May 15, 2017 in Berlin, Germany.

Axel Schmidt | Getty Image

French President Emmanuel Macron at a press conference at the Chancellery on May 15, 2017 in Berlin, Germany.

The French government has committed to stick to plans to cut the deficit to 3 percent of economic output this year despite overspending this year by its predecessor.

“One of the constraints facing the government is to keep its commitments on the budget and in particular on the three percent. This is something that we welcome in part because of the consequences for the rest of Europe,” Coeure said.

Speaking at an economics conference in southern France, Coeure said that France’s respect for the rules would help discussions the government hopes to launch soon about common budget measures in the euro zone.

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