France Will Cut Spending as It Sees a Weaker Economy Ahead
Briefly

Lower growth means lower tax receipts, so the government must spend less, Mr. Le Maire said at a news briefing.
The French slowdown mirrors the tepid recovery across Europe, which has failed to bounce back as quickly as the United States, where the economy, although slowing from breakneck growth, continues to be powered by consumer spending.
Read at www.nytimes.com
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