Axar.az
UP

Axar.Az Logo

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

Home page World
12 Punto 14 Punto 16 Punto 18 Punto

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
Comments
See also

Israel has provided the US with secret information about Hamas

Their hope is Erdogan - Cavushoghlu

Singapore approves Covid vaccine for children aged 12 to 15

Cavushoghlu: Turkey never to stop backing Palestine

Blinken announced: Putin and Biden's meeting...

Nearly 14000 new coronavirus patients identified in Iran

Palestinians in Israel go on strike

Why did the US prevent the Israeli-Palestinian resolution?

Russia records 8,183 new COVID-19 cases

Delimitation must begin at the border - the Russian MFA

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