French government announces more than €5B in additional spending cuts — France News

Half of the new savings, €2.6 billion, will come from reducing “precautionary reserves” across all government departments excluding the ministries of justice, defense, interior and higher education. These reserves are portions of each ministry…Half of the new savings, €2.6 billion, will come from reducing “precautionary reserves” across all government departments excluding the ministries of justice, defense, interior and higher education. These reserves are portions of each ministry… …Read More