French parliament approves government's 50bln-euro spending-cut plan

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PM Manuel Valls's drastic plan to meet EU deficit requirements split his Socialist Party and was opposed by the Greens and conservatives.

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French parliament on Tuesday voted narrowly in favour of a plan to slash 50 billion euros from the country’s budget deficit by 2017, but a high abstention rate underscored discord within the Socialist majority, reports FRANCE 24.