During a public speech on December 10, President Emmanuel Macron declared that the country is in a state of “economic emergency”.
“Today, we are forced to admit. Today, I am announcing an economic emergency in our country,” President said calling for “support” for the French economy.
This was the first official public adress of Macron since the start of “Yellow Vests” protests in the country several weeks ago. He further claimed that there “is no justification to the anger and all those violent clashes” commenting on the protests. However, he was forced to admit that the public has ” right to indignation.”
Macron also promised to increase the minimal wage by € 100 per month starting in May 2019 and to cancel taxes on overtime labor and introduce special tax exemptions for people earning less than € 2,000 per months.
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