French PM appeals to rebel Socialist lawmakers on savings plan


  • World
  • Monday, 28 Apr 2014

PARIS (Reuters) - French Prime Minister Manuel Valls sought to appease rebel Socialist lawmakers on Monday, offering to exempt the country's poorest from a welfare spending freeze intended to address EU criticism of its budget.

The Socialist government has already approved a 50 billion euro ($69 billion) savings plan and pledged to bring its public deficit under 3 percent of economic output by the end of next year, under pressure from France's European Union partners.

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