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France’s President Emmanuel Macron on Monday announced wage rises for the poorest workers and tax cuts for pensioners in further concessions meant to defuse weeks of often violent protests that have challenged his authority.
Axar.az reports France media.
In his first national address following France’s worst unrest for years, Macron sought to restore calm and struck a humble tone after accusations his governing style and economic policies were fracturing the country.
But he refused to reinstate a wealth tax and to back down on his reform agenda, which he said would proceed in 2019 with overhauls of pensions, unemployment benefits and public expenditures.
“We will respond to the economic and social urgency with strong measures, by cutting taxes more rapidly, by keeping our spending under control, but not with U-turns,” Macron said.
In measures that are likely to cost billions to state coffers, Macron said people on the minimum wage would see their salaries rise by 100 euros ($113.76) a month in 2019 without extra costs to employers.
2018.12.11 / 14:15