PM Francois Fillon unveils France's second package of emergency budget cuts in three months,...

|By:, SA News Editor

PM Francois Fillon unveils France's second package of emergency budget cuts in three months, saying the government will make savings of €7B ($9.6B) in 2012 and €11.6B in 2013. The overall goal is a total of €65B in savings by 2016 in order to reduce the deficit to zero.