French Prime Minister François Fillon said that in the year 2012 they will have another belt-tightening, cited by AFP.
He also think that budget for the year 2012 will be "One of the toughest since 1945," also from the end of the second world war. According to Prime Minister is important for Gallic rooster maintain its credibility in world markets. This must necessarily maintain its rating, which is still the highest level of AAA. Rating determines the interest for which a country borrows money and that is why it is so important. Of course, the higher the rating, the better conditions.
More detailed plans should be published on Monday after the cabinet meeting. According to the revised forecasts for next year, the French economy should grow by only one percent compared to the expected 1.75 percent.
Chosen ministers are supposed to "find" from six to eight billion euro, to the general government deficit remained at 4.5 percent, as France is committed to its European partners.
For me as a slovak citiyen it may seems to be unimportant but as we know, small things can changed everything.
More detailed plans should be published on Monday after the cabinet meeting. According to the revised forecasts for next year, the French economy should grow by only one percent compared to the expected 1.75 percent.
Chosen ministers are supposed to "find" from six to eight billion euro, to the general government deficit remained at 4.5 percent, as France is committed to its European partners.
For me as a slovak citiyen it may seems to be unimportant but as we know, small things can changed everything.
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