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- Turkey's gross debt climbs to $242.5B in September
- 4 PKK terrorists killed in eastern Turkey
- Israel strikes Syrian artillery posts after rocket fire
- Germany: Knife attack in Munich leaves several injured
- Canada: Quebecers don face covering to protest new law
- Philippines Marawi: Troop withdrawal signals new day
- Philippines Duterte: Anti-drug war targets the poor
- Group Demands Investigation of Indonesian Mass Killing
- Press agenda on October 21
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- Building collapse in south India kills eight
- Smog defies China's Communist Party congress
- US stock market opens higher
- Inspired by Catalans, UK island demands split from mainland
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- Islamic Development Bank, D-8 ink cooperation deal
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- Borsa Istanbul up at opening
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04:08, 22 October 2017 Sunday
Update: 16:57, 03 July 2012 Tuesday
French PM cuts growth forecasts for 2012 and 3013
(File Photo)
Ayrault confirmed plans to hire more teachers and police, create 150,000 state-aided jobs and promote more competitive industry.
World Bulletin / News Desk
Prime Minister Jean-Marc Ayrault cut France's economic growth forecasts on Tuesday, saying GDP was likely to grow 0.3 percent this year, rather than a budgeted 0.7 percent, and 1.2 percent in 2012 instead of a previously slated 1.75 percent.
In a keynote speech to parliament spelling out the new Socialist government's plans for the five years ahead, Ayrault confirmed plans to hire more teachers and police, create 150,000 state-aided jobs and promote more competitive industry.
To help industrial innovation, a public investment bank would be put in place before the end of this year, he said, and the government would also announce a plan shortly to address problems in the auto sector.
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Copyright, trade marks and other intellectual property rights in this website can not be reproduced without the prior permission.
Webdesign and Software: Engin Demir
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