Sarkozy government to unveil budget as finances &#39;critical&#39;
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President Nicolas Sarkozy&#39;s government on Wednesday unveils its 2008 draft budget, as France faces mounting pressure from its European partners over the worsening state of its public finances.
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French junior Budget Minister Dominique Bussereau said that the government's forecast of 2.5-percent growth in 2005 still looked &quot;reasonable&quot; but acknowledged that it might have to be changed if the price of oil remained high.
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French Finance Minister Nicolas Sarkozy has told President Jacques Chirac that he will stand for the leadership of the main governing party, officials say.
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European Central Bank head Jean-Claude Trichet said Sunday that France&#39;s public finances were in &quot;very great difficulty&quot; with the worst public spending to output ratio in the European Union.
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Popular former French finance and Interior Minister Nicolas Sarkozy has taken over the leadership of his country&#39;s conservative ruling party in a move that could change the face of French politics.
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PARIS -- Interior Minister Nicolas Sarkozy confirmed yesterday that he will run for president next spring and will quit the government if his ruling center-right party backs his candidacy at a Jan. 14 meeting. Sarkozy could face Socialist Segolene Royal, who is seeking to become the first woman to lead France. But a recent surge by veteran far-right leader Jean-Marie ...
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French President Nicolas Sarkozy will use a "credit crunch" meeting in London on Tuesday to call for order to be imposed on a financial system that "sometimes seems out of control".
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France was hit by transport chaos Thurday as unions challenged President Nicolas Sarkozy with a 24-hour strike, but the government vowed to stick by plans to overhaul pensions for hundreds of thousands in the public sector.
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Nicolas Sarkozy, French finance minister, found himself outnumbered as he proposed new rules to omit research and development spending from deficit calculations.
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France will meet its European budget commitments in 2005, bringing its deficit under the 3 percent EU limit for the first time in four years, Finance Minister Nicolas Sarkozy said Wednesday, touting the extent of the slash as unprecedented.
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Public borrowing is set to rise and the government will need to raise taxes or reduce spending to decisively cut the deficit, the Organisation for Economic Cooperation and Development says.
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PARIS, Aug 27 (IPS) - The government of President Nicolas Sarkozy  announced after it was swept into power this spring that its  policies would bring a "tranquil rupture" with many  cherished traditions, particularly in education.
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French finance minister Nicolas Sarkozy stirs up controversy by calling for state funding for mosques in his new book.
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French ministers are preparing to receive individual performance reviews to find out whether they are getting the job done in the reformist government of President Nicolas Sarkozy.
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India prepares to unveil its annual budget, with measures to boost farming and target inflation set to feature highly.
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State funding for mosques to counter attempts by extremists to indoctrinate young people on Muslim-dominated areas is urged today by France's most talked-about politician, the finance minister Nicolas Sarkozy.
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Nicolas Sarkozy awaits the public sector disruption that could shape his future reforms  and presidency