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France says it respects stability pact

In an apparent attempt to assuage the growing criticism of Jacques Chirac’s election decision to break his commitment to bring France’s budget close to balance by 2004, a government spokesperson said that the "principle of respect for the Stability Pact will be applied.”"However, the decision to implement tax cuts will be maintained.

Eichel does not understand France's actions

President Chirac has come under huge criticism for reneging on his promise at the Barcelona Summ...

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