Agence France-PresseSeptember 11, 2013 07:48
France will make unprecedented spending cuts of 15 billion euros in the 2014 budget, French Prime Minister Jean-Marc Ayrault said Wednesday, as Paris struggles to meet EU deficit targets.
Ayrault said there would be "unprecedented" savings of 15 billion euros ($19.8 billion), or one billion euros more than previously indicated by the Socialist government.
The government wants "to do everything possible to consolidate growth," Ayrault said after a cabinet meeting.
"It's a budget to kickstart job creation, that's the main battle," Ayrault said.