France does some ménage to reduce its deficit

OP-ED By Julia Pastor | France approved dramatic expenses cuts amounting €50 bn on Tuesday in order to limit the country’s public deficit, presumably to reach 3.8% of GDP in 2014. They did not touch, however, budget lines of education, justice and security, as well as protected pensioners under €1,2oo a month against cuts at least for a year. Spaniards wished their government had scrutinized cuts more carefully, or that Brussels had allowed to do so.