France’s Fiscal Plan Sees 2014 Deficit Falling To 2.9% Of GDP

France unveiled a multi-year fiscal plan on Wednesday that calls for E20 billion of spending cuts and tax increases in 2014 to reduce the government’s deficit to 2.9% of GDP. The plan, which sees GDP growth recovering from 0.1% expected this year to 1.2% in 2014, is crucial to France’s efforts to…

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France’s Fiscal Plan Sees 2014 Deficit Falling To 2.9% Of GDP