Shows & Panels
- The 2014 Big Picture on Cyber Security
- AFCEA Answers
- Ask the CIO
- Connected Government
- Consolidating Mission-critical Systems
- Constituent Servicing
- Continuous Monitoring: Tools and Techniques for Trustworthy Government IT
- The Data Privacy Imperative: Safeguarding Sensitive Data
- Eliminating the Pitfalls: Steps to Virtualization in Government
- Federal Executive Forum
- Federal Tech Talk
- Government Cloud Brokerage: Who, What, When, Where, Why?
- Government Mobility
- Mission-critical Apps in the Cloud
- Mobile Device Management
- The Modern Federal Threat Landscape
- The Path from Legacy Systems
- Understanding the Intersection of Customer Service and Security in the Cloud
Shows & Panels
French official: No more austerity this year
Monday - 3/4/2013, 7:00am EST
PARIS (AP) -- France's finance minister says his government won't enact any more austerity measures this year, even though it has acknowledged it won't meet its deficit goal because of slow growth.
The French government had promised to reduce its deficit to 3 percent of gross domestic product this year to bring it into line with European Union rules and help right the economy. But now France says that will be impossible and has asked the European Union for an extension.
Still, Pierre Moscovici says the government would not heap more tax hikes or spending cuts on the country this year. He said such measures would be counterproductive since they can slow growth even further.
He said on French television Sunday: "We refuse to add austerity to the recession."
Copyright 2013 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.