Macron: lower taxes and deficits

Macron: lower taxes and deficits

World February 23, 2017 20:54

paris - French presidential candidate Emmanuel Macron Thursday in an interview with Les Echos financial plans unfolded in case he is elected in May, succeeding Francois Hollande. The former Minister of Economic Affairs wants to reduce the corporate tax from 33.3 to 25 percent.

To reduce the budget deficit, a requirement of the partners in the eurozone, it is mainly cuts in public administration. He wants reforms seek the confidence of Germany, the economic powerhouse of the EU, arouse rather than confrontation with Berlin.

Macron said he's object is in the public sector 120. 000 to cut jobs. He will also invest heavily to boost employment. Previously, he draws 60 billion less than promised his conservative rival Francois Fillon (100 billion), but more ambitious than which the Socialists still willing to power. Macron will reduce unemployment in the period up to 2022 from 10 to 7 percent. That seems to him reasonable and achievable.

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