France plans to cut public deficit

France unveiled plans on the 29 September 2010 to cut its public deficit by 1.7% of national output in its 2011 budget, the biggest fiscal consolidation for 50 years, but failed to dispel doubts about its longer-term commitment to budgetary discipline.

ESO: Background information: France launches efficiency drive http://www.europeansources.info/record/france-launches-efficiency-drive/

France24, 29.9.10: French government to slash public spending http://www.france24.com/en/20100929-france-overspending-christine-lagarde-budget-2011-sarkozy-economy

BBC News, 29.9.10: French budget aims to cut deficit http://www.bbc.co.uk/news/business-11434531

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