The French government has announced a fresh round of austerity measures worth some €19 billion in spending cuts and tax hikes in an attempt to stave off a downgrade of the country’s triple-A credit rating.
The move, announced by Prime Minister Francois Fillon, is the second such austerity package in three months, leaving citizens to wonder if this is the last such bout of belt-tightening.
In August, the government unveiled €12 billion in spending cuts and other fiscal rearrangemen...
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