Hollande Deficit-Delay Campaign Begins as Sapin Visits Berlin
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President Francois Hollande’s campaign to slow the pace of France’s deficit reduction effort begins today as the new ministerial duo responsible for the economy and finance court their German counterparts in Berlin.
French Finance Minister Michel Sapin will meet with Wolfgang Schaeuble and Arnaud Montebourg, who since last week is responsible for both the economy and industry portfolios, holds talks with Economy and Energy Minister Sigmar Gabriel. Sapin and Schaeuble are due to brief reporters at about 11.30 a.m. in Berlin.