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Mr Hollande signaled that the emphasis would be on a range of what the government calls “non-cost” measures, citing education, housing, public services, innovation, research and investment as key issues, as well as labour costs.
Having included €20 billion in new taxes in its 2013 budget, the government fears the “shock” action demanded by business, which wants social charges on jobs shifted rapidly on to direct taxes and spending cuts, would throw the stalled economy into reverse.
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