New French premier vows massive tax cuts in bid to turn economy around

French Prime Minister Manuel Valls outlined a series of tax and budget cuts during a speech before parliament on the 8 April 2014. EurActiv noted that Europe was barely mentioned during the speech.

Mr. Valls won a confidence vote after presenting a raft of new policies designed to pull France out of the economic doldrums.

According to The Local.fr and other news sources France laid out on the 23 April 2014 a new package of economic reforms to respect EU rules, cut spending, boost jobs and put its economy in shape to compete on world markets.

• Primary Source

France 24, 08.04.14: French PM Valls passes first parliamentary test http://www.france24.com/en/20140408-french-prime-minister-valls-parliament-tax-budget-economy/

BBC News, 08.04.14: New French PM Manuel Valls vows cuts in tax and spending http://www.bbc.co.uk/news/world-europe-26943510

ESO: Background information: German government: France must adhere to Stability Pact http://www.europeansources.info/record/german-government-france-must-adhere-to-stability-pact/

ESO: Background information: François Hollande will regret appointing new prime minister Manuel Valls to save the French government http://www.europeansources.info/record/francois-hollande-will-regret-appointing-new-prime-minister-manuel-valls-to-save-the-french-government/

The Local.fr, 08.04.14: New French PM Valls faces 'moment of truth' http://www.thelocal.fr/20140408/new-pms-moment-of-truth-comes-today

ESO: Background information: Hollande announces budget cuts, tax breaks http://www.europeansources.info/record/hollande-announces-budget-cuts-tax-breaks/

Alternatives économiques, 08.04.14: Paris economically powerless (via Euro|Topics) http://www.eurotopics.net/en/home/presseschau/archiv/aehnliche/archiv_article/ARTICLE141571-Paris-economically-powerless

EurActiv, 09.04.14: Manuel Valls not concerned about Europe http://www.euractiv.com/sections/euro-finance/manuel-valls-not-concerned-about-europe-301448

Spiegel Online International, 10.04.14: Slipping Out of the Corset: Can New Prime Minister Deliver 'Changement'? http://www.spiegel.de/international/europe/french-prime-minister-manuel-valls-faces-tough-job-in-shadow-of-president-a-963271.html

EurActiv, 17.04.14: France will keep its promises, says Manuel Valls http://www.euractiv.com/sections/euro-finance/france-will-keep-its-promises-says-manuel-valls-301629

EurActiv, 18.04.14: Think tank: France will return to growth http://www.euractiv.com/sections/euro-finance/think-tank-france-will-return-growth-301664

France24, 16.04.14: France's new PM targets welfare in drive to cut spending http://www.france24.com/en/20140416-france-new-pm-valls-targets-welfare-system-spending-cuts/

Euro|Topics, 23.04.14: Valls' austerity package under fire http://www.eurotopics.net/en/home/presseschau/aeltere/NEWSLETTER-2014-04-23-Valls-austerity-package-under-fire

Deutsche Welle, 12.04.14: French far left and unions protest Socialist austerity plans http://dw.de/p/1Bh6C

The Local.fr, 23.04.14: France unveils raft of reforms to boost jobs http://www.thelocal.fr/20140423/france-eu-mandated-cuts-in-public-spending

EurActiv, 24.04.14: France conforms to EU budgetary requirements http://www.euractiv.com/sections/euro-finance/france-conforms-eu-budgetary-requirements-301732

Les Echos, 24.04.14: France's austerity plans are illusory (via Euro|Topics) http://www.eurotopics.net/en/home/presseschau/archiv/aehnliche/archiv_article/ARTICLE142332-France-s-austerity-plans-are-illusory

EurActiv, 06.05.14: France stands ground on public deficit forecasts http://www.euractiv.com/sections/euro-finance/france-stands-ground-public-deficit-forecasts-301960

Le Monde, 09.07.14: Hollande's reforms come too late (via Euro|Topics) http://www.eurotopics.net/en/home/presseschau/archiv/aehnliche/archiv_article/ARTICLE146546-Hollande-s-reforms-come-too-late

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