France and Italy Won't Meet EU 3% Deficit Goal on IMF View.

The International Monetary Fund projects that France and Italy will not meet the European Union's 3% deficit goal by 2029, with both countries' gross debt continuing to rise. Despite pledges from the French and Italian governments to reduce their deficits, the IMF anticipates persistent non-compliance with the EU's fiscal rules. The IMF suggests that France and Italy need more aggressive fiscal adjustments to address their public finances, with debt levels projected to increase in both countries over the coming years. [Extracted from the article]