How much do the measures to calm the "yellow vests" – ElSol.com.ar – Diario de Mendoza, Argentina

The various announcements made by the French President, Emmanuel Macron, to try to end the crisis of "yellow vests" cost about 17,000 million euros, according to the badessment made Tuesday by the French Minister of Economy and Finance, Bruno Le Maire.

That includes the 10 billion euros in measures presented last December and those released last week by Macron, said The Mayor in an interview with the channel "France 2".

Among these is the € 5,000 million reduction in income tax, plus the revaluation of pensions and other measures for employees.

The CFO explained that with the reduction in income tax, the 12 million taxpayers who apply a 14% tax rate should save an average of 350 euros a year, and those who enjoy a rate of 30% of about 180 euros.

With regard to pensions, the Head of State undertook to raise the minimum contributory pension to EUR 1 000 and to reindex inflation with pensions of up to EUR 2 000 from 2020 and the stays from 2021.

In December, after the first weeks of demonstrations of the "yellow vest" started on November 17, the head of state decided to increase the minimum wage by one hundred euros a month.

In addition, the cancellation of the increase in contributions for pensions below € 2,000, the exemption from taxes and contributions for overtime or the possibility for companies to pay their employees a voluntary bonus "year – end" exempt from tax. social security contributions.

On how to finance them, The Mayor said that tax cuts would be done mainly through a reduction in public spending. Macron also said last week that some tax exemptions from companies would be removed.