Hollande Considers Public Debt Containment a Priority, JDD Says
Francois Hollande, a contender for the Socialist Party’s 2012 French presidential nomination, considers debt containment a priority although he opposes a constitutional amendment limiting budget deficits, Le Journal du Dimanche reported, citing Hollande.
“We are all pursuing the same goal, that of debt containment, but we aren’t laying out the same road to get there,” the weekly newspaper cited Hollande as saying in an interview published today.
The former Socialist Party also said he would pass a budget plan respecting European deficit-reduction targets if he is elected president.
French President Nicolas Sarkozy is pushing to include debt limits in the country’s constitution to help support France’s top credit rating. Hollande said economic growth, budget containment and tax reform would be his economic policy priorities as president, the newspaper reported.
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