PARIS (Reuters) – France’s 2016 budget bill will include around 2 billion euros (1.5 billion pounds) in tax cuts, President Francois Hollande told a news conference on Monday.
The French leader personally confirmed the plan for tax cuts after weeks of media talk of a further cut in income tax ahead of 2017 presidential elections. He also said France’s panoply of labour laws needed to be overhauled.
09:14 Airbus seeks new talks with European nations over A400M costs15
07:15 Telefonica to sell up to 40 percent of Telxius to KKR for 1.3 billion euros19
11:01 Spain's Princess Cristina not guilty in tax fraud case19
09:43 Austria sues Airbus, Eurofighter consortium over suspected fraud19