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Hollande details spending cuts and pact for businesses

The French president announces plan to cut 50 billion euros from public spending and a pact to reduce the tax and regulatory burden on companies.

La rédaction de Mediapart

14 January 2014 à 19h58

President François Hollande brushed aside questions on Tuesday about an alleged affair with an actress as he announced reforms to ease the tax burden on business, reduce labour costs and cut public spending to revive France's stagnant economy, reports Reuters.

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