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French government adopts austerity budget

28.09.12 @ 12:41

  1. By EUOBSERVER

The French government has adopted the budget for 2013, with €10bn worth of spending cuts and €20bn in tax increases for the rich, in order to bring the public deficit to 3% next year. The budget is based on the assumption that the economy will grow by 0.8% in 2013.

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