deficit reduction

French local authorities face the crunch of budget deficit reduction pledge

France — Link

Local town halls across France, many already heavily indebted, must bear a significant part of the pledged 50 billion-euro public spending cuts.

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

France — Link

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

French PM backs down to socialist rebels over low-income pensioners

France — Link

Manuel Valls will save low-income pensioners from one-year freeze of benefits and pensions in his 50 billion-euro deficit reduction drive.

French deficit-reduction plan bets on growth

France — Link

The French government unveiled a slacker plan to reduce the public deficit, with no margin for error should growth fail to meet projections.