Pope's French visit leaves debt
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France's Catholic Church posts a huge deficit after a weekend visit by the Pope to the southern shrine of Lourdes.
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French President Nicolas Sarkozy will be in the hotseat next week in Brussels where his plans to slow French momentum toward a balanced budget have unsettled some European partners.
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France wiped out all of Senegal's bilateral debt, totalling 217 million euros (287.9 million dollars), under a deal signed by the two governments, the French finance ministry announced.
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The Paris Club of rich lending nations is to discuss a proposed debt freeze for tsunami-affected countries.
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Iraq cleared around $81 million in  debt it owed the International Monetary Fund late last week,  fund sources said on Monday, opening the way for the first aid  to flow from the global lender to Iraq.
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France is selling dozens of historic properties, using the proceeds to move government bureaucrats into less expensive properties and to help pay off the national debt.
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Joined by hundreds of thousands of pilgrims, the ailing Pope John Paul II will make a weekend trip to Lourdes, France, visiting a shrine associated with miraculous cures.
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One-upping the United States, France nearly doubled its aid pledge for tsunami victims to &#36;57 million Thursday and briefly claimed the role as leading donor nation, following barbs from Washington about French generosity.
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Pope Benedict will make his first trip to the United States next spring in a visit that will likely try to heal some of the wounds caused by recent sexual abuse scandals.
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French companies were counting some $5 billion in spoils Monday after President Jacques Chirac used an official visit to China to boost economic ties, in a bid to prevent France from being left behind in the emerging Asian superpower&#39;s markets.
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The Paris Club of creditor states will  agree Wednesday to freeze debt repayments owed by countries hit  by the Asian tsunami, French Finance Minister Herve Gaymard  said.
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The Paris Club of creditor nations  reached an agreement Wednesday to freeze debt repayments of  countries hit by the Asian tsunami, the Club's president said.
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The Vatican released details of its financial report Friday, saying increased contributions from dioceses and individuals &#151; primarily from the United States &#151; helped keep it in the black despite rising labor costs and a falling dollar.
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Days after returning from a grueling trip to France, Pope John Paul II appeared in better shape Wednesday and expressed thanks for his visit to the shrine of Lourdes.
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The frail 84-year-old pontiff, who appeared weak during a trip to Lourdes, France, three weeks ago, arrived by Italian military helicopter from his summer residence at Castel Gandolfo, south of Rome, for the ...
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An ailing Pope John Paul II says Mass at Lourdes, the French shrine revered by Roman Catholics.
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PARIS: France's 2005 budget will cut the public deficit by about 10 billion euros and push it below the European Union's 3 percent ceiling, Prime Minister Jean-Pierre Raffarin said in an interview to be ...