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Europe Daily Bulletin No. 11295

16 April 2015
ECONOMY - FINANCE - BUSINESS / (ae) france
Paris sets out additional spending cuts for 2015

Brussels, 15/04/2015 (Agence Europe) - On Wednesday 15 April, French finance minister Michel Sapin unveiled additional cuts in public spending that France will undertake to make an additional structural budget reduction (not including debt-servicing) of 0.5% of GDP by the end of the year.

Savings of €2.4 billion will be provided by the French state and its operators via a reduction in the public debt. Social security will provide a billion euros (a €400 million cut in the national...

Contents

ECONOMY - FINANCE - BUSINESS
SECTORAL POLICIES
EXTERNAL ACTION
INSTITUTIONAL