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Live from the newsroom, we provide an overview of the stories making the French and international newspaper headlines. From Monday to Friday at 7.20 am and 9.20 am Paris time.

IN THE PAPERS

IN THE PAPERS

Latest update : 2012-09-10

François Hollande's big budget squeeze

François Hollande’s plan to redress the economy dominated headlines on Monday morning, after a Sunday night television appearance in which the French president announced a string of spending cuts and tax hikes.

Les Echos called it an « unprecendented fiscal squeeze » while Le Figaro reported that Hollande’s planning to make headway on unemployment in under a year.
 
Le Parisien, meanwhile, broke down the €20 billion tax bill that awaits households and companies.
 
Left-wing daily Libération turned the spotlight on LVMH CEO Bernard Arnault, telling him to « Get lost, you rich idiot » as he reveals he’s interested in Belgian citizenship.
 
L’Humanité suggests that Hollande’s 75% percent tax for France’s wealthiest citizens could be the reason Arnault’s considering leaving.

By Olivia Salazar-Winspear

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Archives

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