Macron offers €6bn tax cut to halt slump

President Macron promised French households a €6 billion tax cut as he launched plans designed to reinvigorate his flagging presidency. The tax cut, earmarked for next year, would be paid for in part by cutting more than 4,000 public-sector jobs as well as reducing pensions and benefits. Mr Macron said that it would help to usher France towards a new era of prosperity and shore up his credibility within the European Union. Source The Time