Bloomberg News

Baroin Says French Government Hasn’t Decided on Sales Tax Rise

October 27, 2011

Oct. 27 (Bloomberg) -- French Finance Minster Francois Baroin said that the government hasn’t decided whether an increase in its value added tax will be included in its efforts to reduce its budget deficit.

“There are subjects being discussed and it is one option that has been suggested,” Baroin said today on RTL radio. “We have to balance our budget” though the way to do that hasn’t been decided, he said. “The government will make its choices when the time comes,” he added.

To contact the reporter on this story: Mark Deen in Paris at markdeen@bloomberg.net

To contact the editor responsible for this story: Mark Deen at markdeen@bloomberg.net


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