'Can't Call That Savings' German Central Bank Head Blasts France

German central bank head Jens Weidmann has strongly criticized French efforts to reduce its budget deficit, just days after the European Union granted Paris more time to meet EU requirements. He warns that French delays could damage the credibility of euro-zone rules.
Bundesbank head Jens Weidmann says that delays on French budget consolidation may damage trust in new EU rules.

Bundesbank head Jens Weidmann says that delays on French budget consolidation may damage trust in new EU rules.

Foto: Sean Gallup/ Getty Images
cgh -- with wire reports