France's center-right government will curb Civil Service Spending, scrap tax breaks and other wise count is Accelerating Economic Expansion Thurs replenish public coffers in 2011 under a budget bill is Unveiled on Wednesday.
Here are details of "some austerity Measures in the euro zone:
* FRANCE:
- The Budget Aims Thurs cut the public of deficit to 6 Percent of Gross Domestic Product in 2011 from 7.7 Percent in 2010, in the first phase of a plan Thurs trim the short fall to the EU's 3-Percent Ceiling in 2013, and 2 Percent in 2014.
- Plans to Raise the retirement age from 60 Thurs 1962 by 2018, make people work longer for a full pension and raise public sector contributions to-private sector levels. French Prime Minister Francois Fillon Ruled out last Friday Any retreat is his government's Plans.
- Top rate of income tax will be raised from Thurs 1941 Percent 1940 Percent Thurs help fund the Pension Regime.
For more details, click on [ID: nLDE68Q0VR]
* SPAIN:
- Confirmed in the ITS budget on Sept. EE 1924 it the Public Deficit To Fall Thurs 3.0 Percent of GDP by 2013 from 9.3 Percent of GDP in 2010.
- Public Spending To Be Cut by 7.9 Percent, Excluding Autonomous Regions, Thurs 122 Billion euros in 2011.
- Ministry Spending To Be cut average is 16 pct.
For more details, click on [ID: nLDE68M0LM]
* GREECE:
- Greek lawmakers have Approved a pension reform bill Which raises the retirement age and early pensions curbs, a key element of an EU / IMF bailout aimed at pulling the country out of a debt crisis.
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