translated from Spanish: The danger for the fiscal credibility French then that Macron sagged to manifestations

After the violent demonstrations and their qualifications at the polls in a free fall, the Emmanuel Macron Government said that it would suspend for six months its plans to continue increasing taxes to the gasol INA and power beginning in January.
In the 2019 budget, France had imposed energy taxes that would raise a total of 1,900 million euros (2,200 million dollars) throughout the year homes and 1,000 million euros from businesses.
The loss by the suspension of tax will stretch further public finances suffered a slower economic growth than the Government expected initially this year. Unless you invent elsewhere, France could follow a warning from the European Commission.
Righteousness fiscal is a game risky for Macron, since so far it has made fiscal rectitude a guiding principle of his presidency. The Macron is only repairing public finances it would have the credibility to assume a leadership role in Europe and the margin for reform at home.
The EU authorities have already dismissed to France for their budget plans, saying that they run the risk of violating tax rules next year. Last month, the European Commission said that the country is at risk of “significant deviation” from the improvement in the deficit and that there would be progress enough in reducing the debt.
France budget plans for next year are the deficit at 2.8 percent of GDP, close to the EU’s 3 percent limit. Since the Ministry of Finance made that forecast in September, the Economic Outlook has become less secure.
Speaking in Brussels after a night of negotiations on the budget eurozone, Bruno Le Maire, the French Finance Minister, said that his Government will examine the impact of measures to suspend the tax increases. He also pointed out that a large part of the deficit in 2019 is explained by a single impact of changes to tax credits for employment, and without that exceptional item, the deficit would be 1.9 percent of GDP.
“The course that the President has set is to repair public finances and respect our European commitments. This course will be maintained in 2019 as in the coming years “, said Le Maire.”
In Paris, the legislators of the majority of Macron went ahead to criticism from Brussels calling for clemency.
“In all families, there is sometimes a problem, as the breakdown of a car, something unexpected that you have to pay. This is what we have now. Surely, this is something that can be understood by the EU “, said Marine Leguille-Balloy, a legislator of the ruling party LREM.”

Original source in Spanish