The French prime minister has proposed drastic spending cuts and tax increases to shore up the country’s accounts, but his plan could backfire.
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The French prime minister has proposed drastic spending cuts and tax increases to shore up the country’s accounts, but his plan could backfire.
By Liz Alderman
Liz Alderman, who writes about business and economics in Europe, reported from Paris.
Italy was once Europe’s emblem for political instability, with a mounting debt and deficit and few options to fix the mess. Now, it’s France’s turn, and the situation is about to get worse.
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Why is France’s government on the brink of collapse, again?
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Budget compromise needed if PM ousted, says French finance minister
Francia, dal debito fuori controllo al rischio di recessione: l’economia dietro la crisi di governo
French no-confidence vote: What’s next if the government collapses?
Why is France on the brink of collapse – again?
