France to get belt-tightening budget

The French Government is facing financial challenges, claiming near insolvency but maintaining spending plans. The deficit remains unchanged, violating European rules. France aims to protect consumer spending, a key growth engine, by offering €15 billion in tax breaks, offset by pension streamlining and public sector cuts. Austerity measures may follow, with political strategies suggesting two budgets: one pre-election and another post-election focusing on austerity. Nicolas Sarkozy hopes for economic growth, but experts predict a downward revision.

What is the primary reason France wants to maintain its current spending levels?

• To increase exports

• To reduce national debt

• To boost consumer spending

• To comply with European rules

What is included in the French budget to support the economy?

• Reduced consumer spending

• €15 billion in tax breaks

• Increased public sector jobs

• Higher pensions

When are more drastic austerity measures expected to be announced?

• During the summer

• After the local elections

• Before the local elections

• At the end of the year

What is Nicolas Sarkozy hoping will help France avoid severe austerity?

• Reduced public spending

• Increased exports

• Economic growth

• Higher taxes

What do experts predict about France's economic growth outlook?

• It will remain stable

• It will improve significantly

• It will exceed expectations

• It will need to be revised down