France's Socialist government on Friday (28 September) unveiled €30 billion ($38.6 billion) worth of tax hikes and spending cuts in a bid to bring the public deficit in line with EU rules next year. Dubbed a "combat budget" by Prime Minister Jean-Marc Ayrault, the fiscal plan is based on sharp tax increases for the rich (75% on millionaires) and for companies expected to bring in €20 billion ($25.7 billion).The budget is based on the assumption the economy will grow by 0.8 percent.This may prove difficult, as France's growth was zero this year and the continuing eurozone crisis is worsening the...