Hollande's tax boost for French firms yields 100,000 jobs: study

Hollande's tax boost for French firms yields 100,000 jobs: study
 

President Francois Hollande's flagship measure to boost France's waning competitiveness has saved or created up to 100,000 jobs, a government-sponsored study said on Thursday.
The figures on the company payroll tax credit scheme will offer limited respite to Hollande, facing a still struggling economy and record low opinion poll ratings seven months before presidential elections.
But it is unlikely to mark a turnaround in his economic record - overall, 634,000 more people are out of work now than when he came to office in May 2012.
Hollande introduced the tax credit scheme in 2013 hoping it... read more

 
29 September 2016 in Business, Views: 38
Source: Reuters
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