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Zika virus spreading fast across Puerto Rico

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FRENCH CONNECTIONS

Take a break: France’s love affair with vacations

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THE INTERVIEW

THE INTERVIEW

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INSIDE THE AMERICAS

Panama: Triple X canal for giant cargos

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THE INTERVIEW

Israel’s ex-intel chief: ‘Together, we can do a lot to make Middle East a better place’

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IN THE PAPERS

François Hollande: ‘Brexit result is irrevocable’

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BUSINESS DAILY

Hollande pledges tax cuts ahead of France's 2017 elections

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IN THE PAPERS

Britain's battle for leadership begins

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MEDIAWATCH

Istanbul's suffering in the shadows?

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A daily update on the latest business and economic news. Live on weekdays at 8.15 am Paris time.

BUSINESS DAILY

BUSINESS DAILY

Latest update : 2014-05-12

French PM promises lower taxes as spending cuts bite

The French Prime Minister, Manuel Valls, has pledged to cut income tax by 2015, despite France’s budget deficit remaining above the 3% EU limit. His comments come as ministers in the French government were told over the weekend how much their departmental budgets will be reduced under the €50 billion spending cuts plan. Also today: the Spanish solar energy investors who have been burned by Madrid’s austerity policies.

By Stephen CARROLL

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Archives

2016-06-30 François Hollande

Hollande pledges tax cuts ahead of France's 2017 elections

The French president has pledged to implement a tax cut of up to €2 billion in the next year to help middle-class households. François Hollande told the Les Echos newspaper that...

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2016-06-29 Brexit

Vodafone warns it could move HQ out of UK

In the wake of the Brexit vote, the telecoms group Vodafone has said it can't make a long-term decision about where it will locate its headquarters, which are currently in...

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2016-06-28 Brexit

$3 trillion wiped off global markets since Brexit

Three trillion dollars have been wiped off the value of global shares in two days of trading since the UK voted to leave the EU last week. Stock markets have slumped on the news,...

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2016-06-27 economy

Osborne: UK public finances will need adjustment after Brexit

The British finance minister says the UK's public finances will need an adjustment after the vote to leave the European Union, but that the details will be decided by the next...

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2016-06-24 Brexit

Markets, pound plunge on Brexit vote

The UK's vote to leave the European Union had an immediate effect on the markets, with the pound sterling dropping to its lowest level in 30 years. Jane Foley, Senior Currency...

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