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"French homes to feel pinch of austerity in 2012 "

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From http://www.france24.com/en/20120102-france-taxes-rise-vat-austerity-measures-consumer-sarkozy-fillon

"As part of a deficit-reducing plan ... VAT will go from 5.5% to 7% for many consumer goods this week,.... Bills for restaurants, hotels ... will also be more expensive in 2012..... . The cost of Paris-region commuter trains and buses saw a rise of 1.5% even before January, and the national railway said it would increase the price of high-speed and interregional rail by 3.2% starting on January 3.

((I))

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