Tag Archives: France\’s Finance Ministry
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When in debt, sell your telecoms assets: Sarkozy
In an effort to reduce the nation’s public debt, France’s Finance Ministry has just sold a five per cent stake in France Telecom for €2.65 billion. Rumours are circulating that the new administration under President Nicolas Sarkozy will sell more holdings in other state-controlled companies, such as the gas and electric utilities and aerospace industry, [...]
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