The French sounded a little more bullish about their debt on Thursday with the news that Paris is cutting its deficit target for 2015 and that economic growth might might beat the forecast 1% increase in GDP.<br /><br /> 2014’s fiscal gap is also smaller than expected, raising hopes France will at last get the right side of the EU’s 3% of GDP deficit limit, on schedule for 2017 after three extensions.<br /><br /> France only grew by 0.4% last year, and by the same amount in 2013 <br />meaning Europe’s second biggest economy is contributing little to the continent’s economic recovery.<br /><br /> More reforms and an increase in savings are the next areas for government action, which will have been cheered by March’s rise in business confidence.
