No need to cut French GDP growth forecast over oil price: Sarkozy
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French Economy Minister Nicolas Sarkozy said late Wednesday that there was no need to lower the 2005 economic growth forecast for France because of surging oil prices, saying such a move would dent confidence.
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French President Nicolas Sarkozy took the frosty edge off ties with Algeria on Tuesday during his first visit outside Europe, saying France and its colony for 132 years must bury a rocky past and reinvent the future.
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PARIS  - France's public deficit will drop by about &#36;12 billion US in 2005 to conform with European Union rules, the French premier said in an interview.
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PARIS  - The International Energy Agency trimmed its forecast for growth in global oil demand next year but warned that prices were likely to remain high and dismissed producer fears of a sharp fall as &quot;overstated.
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French conservative presidential candidate Nicolas Sarkozy praised Prime Minister Tony Blair on Tuesday, saying France had much to learn from the actions of his Labour government.
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Federal Reserve Chairman Alan Greenspan said yesterday that higher oil prices have had a &quot;noticeable&quot; affect on the US economy this year but are not likely to cause serious damage unless they move significantly higher.
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New French President Nicolas Sarkozy vowed on Friday to build on economic momentum in France and push ahead with reforms after unemployment in the country fell to a 25-year low in May.
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France's President Nicolas Sarkozy suggests new taxes on internet and mobile phone use to fund advert-free TV.
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French President Jacques Chirac  declared on Saturday that France was a natural trade partner to  China and, amid a flurry of air, rail and energy deals, played  down any threat from one the world's fastest growing economies.
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LONDON  - Red-hot oil prices during 2004, stoked by a surge in global demand and worries about disruptions to supplies, are not harming world economic growth, Saudi Arabia&#39;s oil minister Ali al-Nuaimi insisted.
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Rising oil prices will weigh on US economic growth but the increases seen so far will not derail the expansion, Federal Reserve Board Governor Ben Bernanke said on Monday.
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High oil prices will probably brake US growth but will not derail the economy provided they do not rise sharply from current levels, top Federal Reserve policymakers said on Tuesday.
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PARIS : French Prime Minister Jean-Pierre Raffarin insisted this weekend his country would achieve growth of 2.5 percent next year despite reports of flagging economic momentum in recent months.
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French President Nicolas Sarkozy, with a strong, if reduced, parliamentary majority in hand, plans to waste no time in rolling out his ambitious and contested programme of economic reforms.
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Luxembourg - France had persuaded fellow euro zone countries that joint action was needed to temper the economic impact of high oil prices, French finance minister Nicolas Sarkozy said yesterday, but it has taken flak from partners for acting unilaterally
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Rising oil prices will weigh on U.S. economic growth, but the increases seen so far will not derail the expansion and need not fuel a troubling inflation, Federal Reserve Board Governor Ben Bernanke said on Monday.
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FranceÂs president suggested that Iran would not have to freeze major nuclear activities until formal negotiations began.