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Keyword: alainlambert

UPDATE 3-France to keep spending capped but eyes tax cuts (Euro Collapse Deathwatch)

05/05/2003 4:07:06 PM PDT · by Timesink · 5 replies · 194+ views
Reuters ^ | May 5, 2003 | Catherine Bremer

UPDATE 3-France to keep spending capped but eyes tax cuts Reuters, 05.05.03, 3:26 PM ET (Rewrites with Raffarin, more Lambert quotes) By Catherine Bremer PARIS, May 5 (Reuters) - France vowed on Monday to keep 2004 budget spending capped at 2003 levels, as it braces for a telling-off from Brussels over the hole in its public finances but said it still intended to go ahead with tax cuts. Grappling with a sluggish economy and a public deficit that has smashed through euro zone limits, Budget Minister Alain Lambert said he would push for a zero rise in spending in the...

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