| Author (Person) | Hall, Ben |
|---|---|
| Series Title | Financial Times |
| Series Details | 6.2.09 |
| Publication Date | 06/02/2009 |
| Content Type | News |
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Nicolas Sarkozy, the French President, said on the 5 February 2009 the government woul in 2010 scrap a local tax on business at a cost of €8bn a year to the state in a bid to help France’s ailing automakers and other industry. The plan to replace the taxe professionnelle – which weighs particularly on manufacturing – was one of a series of fiscal proposals intended to head off mounting public hostility over Mr Sarkozy’s economic policy and limited measures to cushion the downturn. |
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| Countries / Regions | France |
