Greece keeps cutting while France looks for growth
Two European countries have come out with very different ways to tackle their economic problems.
Greek lawmakers voted Sunday to terminate 15,000 public employees, who had been constitutionally guaranteed jobs for life, to secure another 8.8 billion euros in bailout funds. At the same time, France’s anti-austerity government is aiming to grow its economy through tax cuts for small businesses.
The BBC’s Economics Correspondent Andrew Walker joins Marketplace Morning Report host Jeremy Hobson with the details behind the plan.
There’s a lot happening in the world. Through it all, Marketplace is here for you.
You rely on Marketplace to break down the world’s events and tell you how it affects you in a fact-based, approachable way. We rely on your financial support to keep making that possible.
Your donation today powers the independent journalism that you rely on. For just $5/month, you can help sustain Marketplace so we can keep reporting on the things that matter to you.