The French Prime Minister announced some budget and tax measures that aim to reduce France’s deficit, on 24 August 2011 at a press conference.

The French Cabinet will examine some of these proposed measures on 31 August and include in the draft of the second Amended Finance Bill for 2011 to be considered by Parliament starting on 6 September. Rest of the measures will be included in the draft Finance Bill for 2012 and the draft Social Security Financing Bill for 2012.