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Tempers fray in France as drastic cuts loom

Publié par Clifford Armion le 28/06/2013

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Ambrose Evans-Pritchard

The country's Cour des Comptes said the budget is likely to breach EU targets by a wide margin yet again this year, perhaps reaching 4.1pc of GDP, risking a fresh showdown with Europe a time when French support for the EU Project is already in freefall.
The watchdog called for €28bn in extra belt-tightening over the next two years to prevent a debacle, demanding a "particularly vigourous effort" to rein in unemployment benefits, housing aide, pensions and help for families.
President Francois Hollande has already angered much of his own Socialist base with plans to cut spending next year in absolute terms for the first time since 1958, but this may be just start of the battle. The Cour des Comptes said France is not even "halfway" through its fiscal squeeze.
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Pour citer cette ressource :

"Tempers fray in France as drastic cuts loom ", La Clé des Langues [en ligne], Lyon, ENS de LYON/DGESCO (ISSN 2107-7029), juin 2013. Consulté le 18/05/2024. URL: https://cle.ens-lyon.fr/anglais/archives/archives-revue-de-presse/tempers-fray-in-france-as-drastic-cuts-loom-