News – Business & Economi

The effort to reduce tax loopholes, covering five billion euros for the period 2011-2013, may be increased to 8.5 billion euros if the situation requires it, said François Fillon.

At a press conference, the Prime Minister said that "further efforts" would be decided by the government if growth is below its forecast.

The government expects 1.4% growth in gross domestic product (GDP) in 2010 and 2.5% in 2011.

It is too early to consider amending the forecast "for 2011, said Francois Fillon, but stressed that" a rebound "often followed a crisis.

• The deficit will be less than 8% in late 2010, announced Baroin
• German growth maddens counters
• The Greek plan will increase the French debt of 15 billion euros
• German growth will slow sharply in 2012
• France is open to the entry of Mitsubishi Areva

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