The coming year will be a milestone on this path: France is targeting a 3%-of-GDP budget deficit in 2013, down from 5.2% in 2011 and 4.5% in 2012, and a lower debt/GDP ratio from 2014 onward. This is an ambitious commitment, and one that we intend to meet without resorting to an old-fashioned “tax and spend” fiscal policy: over the next five years, spending cuts will be larger than tax increases, reaching €60 billion over five years.
明年将是这条路径的一个里程碑：法国在2013年的目标是预算赤字控制在GDP的3%以下，2014年进一步降低债务/GDP比率，而2011年的比率是5.2%，2012年是4.5%。这是个雄心勃勃的承诺，我们希望能够在不回到“征税和支出”财政政策老路的情况下兑现它：在未来五年中，支出削减将大于税收增加，五年总共削减600亿欧元。