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7/23/07

IHT: New French PM Fillon's ambitious plans for the economy may boost deficit

For the complete report from the IHT click on this link

Prime Minister Francois Fillon's plans to put France's economy on a fast track may be difficult to realize without putting his European neighbors noses out of joint — again. In his first speech as prime minister to the National Assembly, Fillon said he plans to boost growth and reduce France's still high unemployment. Yet Fillon lacks a road map for his plans and reforms such as reducing taxes and improving the ailing university system will cost money.

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