French PM warns of more cuts to tackle country’s debt ‘volcano’ | World news | The Guardian

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– Angelique Chrisafis in Paris
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Edouard Philippe vows to end public spending ‘addiction’ and launch €50bn infrastructure investment programme The French prime minister has vowed to make a raft of public-spending cuts to stem France’s “intolerable” reliance on state borrowing, which he said had left the country dancing on a debt “volcano”. In his opening speech to parliament on Tuesday, Edouard Philippe side-stepped the notion of one-size-fits-all austerity, instead insisting that the plan of the new centrist president, Emmanu.  show all text

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