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A top French audit institution on Monday expressed concern about the country’s growing debt, urging the political leaders to act responsibly with public finances. In its annual report on France’s public finances in Paris, the Court of Accounts said the next French government – which is yet to be established following parliamentary elections in early July – must take difficult steps to regain control of public spending. The European Commission launched an excessive deficit procedure (EDP) against France in June after ruling that the country’s excessive deficits and debt violated the EU’s fiscal…

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