Update: 24/08/2011 - economy - France
French government to unveil tough austerity measures
The French government is due to announce on Wednesday a series of spending cuts and tax hikes totalling some €14 billion over two years, in a bid to reduce the country’s public deficit after growth stalled in the second quarter of 2011.
Lorna SHADDICK reporting from Paris (video)
News Wires (text)
link-
http://www.france24.com/en/20110824-france-government-unveil-tough-austerity-measures-economy-budget