Debt crisis: France must find €10bn of savings

June 25, 2012 By La rédaction de Mediapart

The country must find up to €10bn of savings to bring its budget deficit under control this year, finance minister Pierre Moscovici has said.

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The government has set a target of cutting its deficit to 4.5pc of GDP this year and will unveil a new budget on July 4 to outline the measures required, reports The Daily Telegraph.

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Debt crisis: France must find €10bn of savings

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