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    Hollande’s ‘Responsibility Pact’ wants workers in France to pay for job creation

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    PressTV

    by PressTV

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    Amid nationwide demonstrations, unions and bosses have begun negotiating President Francois Hollande’s proposed "Responsibility Pact", his latest attempt to enforce a free-market prescription of austerity onto France’s ailing economy. The pact is Hollande's long-awaited plan to end the nation's record unemployment levels. It would give businesses and corporations 30 billion euros in tax breaks, with the hope that the bosses will use the savings to hire more workers.