News Headline Summary

French VAT tax increase could raise EUR 2.6bln according to Les Echos

- Government considering raising VAT to 20%.
- To cut company taxes by EUR 20bln.
- Intermediate 7% VAT may rise to 10%.
- To cut public spending by EUR 10bln more

Print 20:21, 05 Nov 2012 - Economic commentary - Source: Les Echos