French tax cuts will 'not be at expense of deficit targets'


Finance minister Michel Sapin said that promise by President Hollande to cut taxes in 2016 will be met through extra savings.

Reading articles is for subscribers only. Subscribe now.

French finance minister Michel Sapin said the French government can find €2 billion ($2.2 billion) worth of savings in 2016 to pay for tax cuts for households without sacrificing its commitment to reduce the budget deficit, reports The Wall Street Journal.