France's Hollande says job creation drive to cost 2 bln eur

Published Mon, Jan 18, 2016 · 10:59 AM

[PARIS] French President Francois Hollande said that new jobs creation measures that he announced on Monday would cost the state two billion euros (S$3.16 billion).

"These two billion euros will be financed without any new taxes of any kind, in other words, they will be financed by savings," Mr Hollande said in a speech unveiling the new measures which included subsidies for firms that hire.

REUTERS

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

International

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here