Hollande: France Is in An “Emergency Economic Situation”

0 45

Translated by Ollie Richardson for Fort Russ

19th January, 2016


- Advertisement -

France will spend more than 2 billion euros on the implementation of several measures aimed at combating unemployment, the head of state Francois Hollande said on Monday.

“These measures (to combat unemployment – ed.) will require a significant budgetary effort, more than 2 billion euros — and this concerns education and employment. This 2 billion will not be obtained through taxation, but through savings,” said Hollande. According to the leader of France, “The country is in an emergency economic situation”, and new measures to counter this are immediately need .

Stopping the curve of growth of unemployment was one of the main electoral promises of Hollande. In December in a new year address to the nation the President noted that the fight against unemployment in the country remains his priority, and announced additional measures aimed at creating jobs.

Subscribe to our newsletter
Sign up here to get the latest news, updates and special offers delivered directly to your inbox.

Get real time updates directly on you device, subscribe now.