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

05 Nov 2012 - 20:21 - Economic Commentary - Source: Les Echos

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