UP

To quell unrest, France's Macron speeds up tax cuts

Home page World
12 Punto 14 Punto 16 Punto 18 Punto
To quell unrest, France's Macron speeds up tax cuts

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.

Date
2018.12.11 / 14:15
Author
Axar.az
See also

Trump says he will visit Gaza

Zelensky appeals to EU leaders over long-range weapons

Ukraine says Russia returned 1,000 bodies

UK police arrest three on suspicion of Russia-related spying

Russia is 'open to continuing contacts' with the US

US VP Vance says Israel will not annex West Bank

Turkish President Erdogan meets Omani Sultan

Russian drone kills two Ukrainian journalists - Photo

Vance urges Netanyahu to "give a shot" to Gaza deal

Iran executes nuclear engineer accused of spying for Israel

Latest
Xocalı soyqırımı — 1992-ci il Bağla
Bize yazin Bağla
ArxivBağla