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European Debt Crisis

Greece keeps cutting while France looks for growth

Marketplace Contributor Apr 29, 2013
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European Debt Crisis

Greece keeps cutting while France looks for growth

Marketplace Contributor Apr 29, 2013
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Two European countries have come out with very different ways to tackle their economic problems.

Greek lawmakers voted Sunday to terminate 15,000 public employees, who had been constitutionally guaranteed jobs for life, to secure another 8.8 billion euros in bailout funds. At the same time, France’s anti-austerity government is aiming to grow its economy through tax cuts for small businesses.

The BBC’s Economics Correspondent Andrew Walker joins Marketplace Morning Report host Jeremy Hobson with the details behind the plan.

 

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