LIRNEasia » France\’s Finance Ministry http://lirneasia.net a regional ICT policy and regulation think tank active across the Asia Pacific Fri, 25 May 2012 02:42:29 +0000 en hourly 1 When in debt, sell your telecoms assets: Sarkozy http://lirneasia.net/2007/06/when-in-debt-sell-your-telecoms-assets-sarkozy/ http://lirneasia.net/2007/06/when-in-debt-sell-your-telecoms-assets-sarkozy/#comments Thu, 28 Jun 2007 04:49:39 +0000 Abu Saeed Khan http://www.lirneasia.net/2007/06/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, in an effort to cut taxes by €11 billion and encourage further economic development in
France. Read more.

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