The French government proposed a series of measures Wednesday to rein in the budget deficit, including raising the retirement age by two years and increasing income taxes on the rich.Spain also was set to announce contentious plans to shake up its labor market Wednesday, as countries across the euro area respond to investor fears about public finances.
ALL WESTERN ECONOMIES NEED TO DO THIS - AND MORE: WEAN OURSELVES OFF OF SOCIALISM, WHICH IS AFTER ALL: THE ROAD TO SERFDOM.
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