ECONOMIC NEWS
France’s Macron says Europe looking at ‘new tax cuts’ to stimulate growth By Reuters
BIARRITZ, France (Reuters) – French President Emmanuel Macron said on Saturday Europe will “probably” decide to launch new tax cuts to kick-start a flagging economy threatened by a tit-for-tat trade war between the United States and its global partners.
“When I look at Europe especially, we need some new tools to relaunch our economy,” Macron told U.S. President Donald Trump before a working lunch in Biarritz where G7 leaders are gathering for the weekend.
“We will probably decide to have new tax cuts, which is one of these ways to relaunch … (in coordination),” he added, without elaborating.
Macron’s office did not immediately return a request for comment.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.
