Published on 30 Jun 2016
The
French president has pledged to implement a tax cut of up to €2 billion
in the next year to help middle-class households. François Hollande
told the Les Echos newspaper that the country would still be able to
meet its EU-mandated budget deficit target of 2.7 percent next year.
Also, US President Obama says the UK vote to leave the EU raises
“longer-term” concerns for global economic growth.