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The embattled president of France, Nicolas Sarkozy, is outlining new economic proposals during a broadcast Sunday that observers say is aimed at boosting his poor standing1 with voters ahead of April's general election.
Though Sarkozy has yet to announce his candidacy, he is widely expected to face Socialist2 Francois Hollande, who is polling ahead in public opinion surveys, as he seeks a second six-year term.
Sarkozy's plan calls for an increase in the value-added tax on goods and services while employer's payroll3 contributions would be cut. The French leader's proposals are aimed at addressing the country's rampant4 unemployment with nearly three million people are out of work.
The French leader is also proposing a tax on financial transactions in France that he wants other European Union (EU) nations to adopt.
Sarkozy's television appearance comes two weeks after France lost its top triple-A credit rating and just a week after Hollande launched his presidential campaign with a speech attacking what he termed "the world of high finance."
Also Sunday, in Athens, the Greek Prime Minister, Lucas Papademos, met with the leaders of the country's three main political parties and later in a statement said there was complete agreement on the austerity measures needed to reduce Greece's debt and save it from bankruptcy5.
The deal, due to be finalized6 later in the week, would qualify Greece for a new bailout from the EU and the International Monetary7 Fund.
Greece must secure a new $169 billion loan package within the next few weeks to avoid defaulting on financial obligations due in March.
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1 standing | |
n.持续,地位;adj.永久的,不动的,直立的,不流动的 | |
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2 socialist | |
n.社会主义者;adj.社会主义的 | |
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3 payroll | |
n.工资表,在职人员名单,工薪总额 | |
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4 rampant | |
adj.(植物)蔓生的;狂暴的,无约束的 | |
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5 bankruptcy | |
n.破产;无偿付能力 | |
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6 finalized | |
vt.完成(finalize的过去式与过去分词形式) | |
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7 monetary | |
adj.货币的,钱的;通货的;金融的;财政的 | |
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