French Finance Minister Pierre Moscovici said on Monday that the government of Prime Minister Jean-Marc Ayrault estimated that they needed 7-10 billion euro to reduce the budget deficit to 4.5 percent. GDP by the end of the year
Giving an interview TV channel ITEL Moscovici explained that the calculations are estimate, and the ministry "is waiting for official data." The Minister referred to the results of the audit, which he has commissioned to examine in depth the state of public finances - the agency EFE said.
Moscovici said on Monday in an interview that Paris will not achieve fiscal targets for 2012 without saving up these sums, but it will not mean painful budget cuts.
The government will present a draft budget on 4th July; it is expected that there are listed new tax guidelines. President Francois Hollande promised to reduce the budget deficit this year to 4.5 percent.
AP Agency notes that France is one of the countries which brings the largest sums for funds to countries of monetary union which are currently covered by the aid programs to prevent them from insolvency.
We have signed a contract for the design and expansion of National Road No. 25 on the section between Zbiersk and Kokanin. The contractor, Strabag, has 39 months from the signing date to complete the project, which is valued at PLN 484,134,160.50. Drivers will be able to use the new 18-kilometre route in the fourth quarter of 2029.
czytaj więcejThe Wrocław Branch of GDDKiA hosted representatives from the Czech Road and Motorway Directorate (ŘSD) from the Hradec Králové office to discuss the connection between Poland’s S3 expressway and the Czech D11 motorway.
czytaj więcejThe Baltic Sea today plays a crucial role in the energy security of Poland and the wider region. It serves as a key route for oil and gas supplies, hosts underwater power and fiber-optic cables, and is the site of large-scale offshore wind farms that will supply Poland’s energy system in the coming years. With the growing strategic importance of the Baltic Sea and the ongoing war in Ukraine, the scale of threats to critical offshore infrastructure is also increasing.
czytaj więcejPoland is undertaking a major infrastructure project to implement the ERTMS/GSM-R system across the railway lines operated by PKP Polskie Linie Kolejowe S.A. as part of the National Railway Programme until 2030 (with a perspective to 2032). The project aims to modernize the signaling and communication systems, increasing the safety, efficiency, and interoperability of the national rail network with European standards.
czytaj więcejAs part of the National Railway Programme until 2030 (with a perspective until 2032), Poland is conducting a comprehensive study focused on the development directions of the national railway network, taking into account limitations at key railway nodes across the country.
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