Oct. 26 (Bloomberg) -- French President Nicolas Sarkozy welcomed plans of Germany’s new government to cut taxes and vowed to do the same in France. “There will be tax cuts,” he said in a speech in Paris, citing the cut in the business tax included in the 2010 budget. “It’s through tax cuts that we will give the French jobs and growth,” he said, adding “growth will come back. It’s coming back.”

To contact the reporter on this story: Francois De Beaupuy in Paris at fdebeaupuy@bloomberg.net

Last Updated: October 26, 2009 11:30 EDT