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World / Americas

France to spend more than 2 bn euros to fight unemployment: Hollande

Published: 18 Jan 2016 - 01:48 pm | Last Updated: 07 Nov 2021 - 10:23 am
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French President Francois Hollande

 

Paris: French President Francois Hollande pledged Monday to spend more than 2.0 billion euros ($2.2 billion) on a package of measures to fight stubbornly high unemployment.

Hollande said France was in "a state of economic emergency" and needed new measures urgently, but he promised that they would not be financed by tax rises.

AFP

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