Tuesday, July 3, 2012

France to tackle crushing debt, says French PM Ayrault

Breaking news

French PM Jean-Marc Ayrault has called on the French people to rally behind the government to tackle a "crushing" and "unprecedented" debt crisis.

He is outlining the new Socialist government's plans in a keynote speech to parliament for the next five years.

He confirmed those earning more than €1m (£800,000) would be taxed at 75%.

He also confirmed plans to hire more teachers and police, create 150,000 state-aided jobs and promote more competitive industry.



Source & Image : BBC

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