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French finance minister to step down to challenge Chirac

French finance minister Nicolas Sarkozy is set to resign in the coming weeks in order to run for the Presidency of the centre-right ruling UMP party, from where he will challenge President Jacques Chirac for the Presidency in 2007.

The popular Mr Sarkozy is expected to step down after he presents the French budget on 22 September, but a spokesman for Mr Chirac said that he will remain the finance minister until the UMP election at the end of November.

Mr Chirac, according to Le ...

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