- Frances needs at least 1% growth to cut unemployment
French president speaking on Inter radio
As long as growth is under 1%, given the growt in our population, there are more young people coming onto the market than people going into retirement then France won’t cut unemployment
Seemingly stating the very obvious so no surprises there
- won’t create new taxes from 2015 onwards
- will use any extra growth to cut deficit not tax
- rules for firing workers must be eased when companies face economic troubles
It’s not about allowing lay-offs. Rules must be eased when there are economic troubles
Hollande -says he’s responsible for improving unemployment
