English translation: fiscal discipline is fading into the background
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keeping public spending under strict control/down has to take a back seat
Explanation: OK, a bit longwinded but it means that, to enforce the new measures promised in the elections by the new French government, it is relaxing the purse-strings to pay for all these, and the need to batten down the hatches and keep public spending down is being temporarily (?) forgotten.
THE TIGHT GRIP ON PUBLIC SPENDING IS BEING RELAXED
xxxCMJ_Trans Local time: 04:18 Works in field Native speaker of: English PRO pts in category: 184