French bond sell-off ‘reminiscent of the euro crisis’ as Paris proposes cuts and tax rises – business live
Rolling coverage of the latest economic and financial newsFrance’s government did try to cool the situation yesterday, by proposing a budget for next year including €43bn in cuts and tax rises.Under the proposed plan, the tax burden would rise while spending growth would be slowed through slashing state spending, and capping increases to pensions and civil servant salaries.France’s fiscal package…
Rolling coverage of the latest economic and financial newsFrance’s government did try to cool the situation yesterday, by proposing a budget for next year including €43bn in cuts and tax rises.Under the proposed plan, the tax burden would rise while spending growth would be slowed through slashing state spending, and capping increases to pensions and civil servant salaries.France’s fiscal package…
