France to cut spending for first time since 1958

June 25, 2013 By La rédaction de Mediapart

Prime minister Ayrault said it was the first time that a government had proposed such a reduction to Parliament, adding it was a 'structural effort'.

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French government spending will fall next year for the first time since 1958, Prime Minister Jean-Marc Ayrault said Tuesday, as the country begins shifting the austerity effort away from tax hikes, reports GlobalPost.

France to cut spending for first time since 1958

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