Monday, Jul 09, 2007
EUROPEAN ECONOMY IS ALL SMOKE AND MIRRORS
bbc: Mr Sarkozy argues France needs to cut taxes by 11bn euros (£7.5bn) to tackle its spiralling unemployment problem.
Mr Sarkozy asked EU finance ministers in Brussels to bend its fiscal rules to help avoid a French economic slowdown
France believes the strong euro - which has appreciated 60% against the dollar in the last six years - hurts its exports
Posted by chris @ 09:47 PM (126 views) Add Comment
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