Tax hikes and spending cuts star in French budget

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France has unveiled its budget plans for 2014, which, according to the French Finance Minister Pierre Moscovici: "has two objectives: stimulate growth and boost jobs." However, as the tax burden on business falls in an attempt to boost competitiveness, households will be hit by higher taxes to reduce the deficit, the move is likely to squeeze families and individuals and hurt purchasing power...
http://www.euronews.net/

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