PARIS (Reuters) - French President Francois Hollande said that new jobs creation measures that he announced on Monday would cost the state two billion euros ($2.2 billion).
“These two billion euros will be financed without any new taxes of any kind, in other words, they will be financed by savings,” Hollande said in a speech unveiling the new measures which included subsidies for firms that hire.
($1 = 0.9184 euros)
Reporting by Leigh Thomas; Editing by Michel Rose
Our Standards: The Thomson Reuters Trust Principles.