France’s Macron offers tax cuts to quell ‘yellow vest’ protests - News Summed Up

France’s Macron offers tax cuts to quell ‘yellow vest’ protests


PARIS: French President Emmanuel Macron pledged on Thursday to cut tax further and said the French would have to work more as he outlined his response to months of anti-government protests that have challenged his authority. Two years into his presidency, Macron is under pressure to deliver policies to quell the five-month old “yellow vest” movement, after a first salvo of measures worth 10 billion euros ($11.13 billion) last December failed to put the genie back in the bottle. I believe quite the opposite,” Macron told a news conference, the first of his presidency in the Elysee Palace. Macron, who swept to power promising to “transform France” and “make work pay”, has seen his ambitious reform agenda derailed by the unrest. Pension and unemployment insurance reforms planned for 2019 have made little progress so far.


Source: Pakistan Today April 25, 2019 16:52 UTC



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