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PostPosted: Wed 21:28, 27 Nov 2013    Post subject: rather than cutting jobs

Prime Minister Jean-Marc Ayrault directs ministers to cut $6.5 billion
PARIS, March 9 () -- The French government is aiming to cut spending by $6.5 billion in 2014 without cutting jobs, the prime minister said.Prime Minister Jean-Marc Ayrault directed ministers to restructure their departments using "ambitious structural reforms," to accomplish the savings,[url=http://www.christianlouboutinonlineshop.de/]christian louboutin outlet[/url], rather than cutting jobs, Radio France Internationale reported Saturday.The overall goal is to bring government debt to 3 percent of gross domestic product by 2017. The benchmark of 3 percent is one of the financial mandates for eurozone members.With the Socialist party coming into power, the 2013 government budget already had austerity measures, cutting more than $16 billion in spending and increasing tax revenues by $50 billion.


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