BUSINESS DAILY - French PM promises lower taxes as spending cuts bite
- 10 years ago
The French Prime Minister, Manuel Valls, has pledged to cut income tax by 2015, despite France’s budget deficit remaining above the 3% EU limit. His comments come as ministers in the French government were told over the weekend how much their departmental budgets will be reduced under the €50 billion spending cuts plan. Also today: the Spanish solar energy investors who have been burned by Madrid’s austerity policies.
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