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French PM to Outline Economic Plan as Budget Battle Looms

Tuesday, 3 Jul 2012 | 1:20 AM ET

France's prime minister will outline the economic agenda to parliament today ahead of a more detailed presentation to cabinet on Wednesday. Francois Hollande has already pledged to keep spending flat from 2013 to 2015 and government officials suggest tax hikes me be necessary in order to cut the countries budget deficit. Stephane Pedrazzi has more from Paris.