France’s borrowing costs are set to have been reduced by around 2 billion euros, compared to earlier forecasts, due to the low interest rates currently circulating within world financial markets, said French budget minister Gerald Darmanin.

“The state is borrowing at extremely low, even negative rates.....Over the course of the year, we’re looking at around two billion euros worth of savings generated with regards to what had been forecast in the budget,” Darmanin said in a tweet.