- 75% tax was a campaign promise
- 75% tax intended to be exceptional, temporary
- French credibility demands 3% deficit target hit
- Govt steps to affect joblessness ‘quite quickly’
- Rate of youth unemployment is unacceptable
- Still possible to reverse jobless trend in 2013
- Hopes for return to growth in 2H
- Hopes 2H growth will reduce unemployment
Bloomberg reporting.
75% tax? Boggles the mind……………..