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Frances Government Proposes New Austerity Measures

Nicolas Sarkozy of France warned that the European debt crisis had imposed a "new reality" on the country's finances, his government on Monday presented a dose of realism: about $26 billion of proposed new budget cuts and tax increases as part of an aggressive effort to preserve the country's top-level credit rating. The measures revealed by Sarkozy's Prime ......

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Published By: Paris Guardian - Saturday, 14 September, 2013

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