|Author (Person)||Hollinger, Peggy, Milne, Richard|
|Series Title||Financial Times|
French President Nicolas Sarkozy summoned members of his government back from holiday for an emergency meeting on the 10 August 2011 on the current financial turmoil.
The President gave his finance and budget ministers one week to come up with new measures to cut France’s crippling debt burden as concerns mounted over prospects for growth and the country’s ability to meet its deficit reduction targets.
He also urged all political parties to support a proposal limiting future budget deficits, which otherwise looked set to be defeated.
|Countries / Regions||France|