Nicolas Sarkozy yesterday pledged to reduce France's budget deficit from 7.1% last year to 3% by...

|By:, SA News Editor

Nicolas Sarkozy yesterday pledged to reduce France's budget deficit from 7.1% last year to 3% by 2013 "whatever the evolution of the economic situation". His ministers have a week to formulate new measures amid rising concerns over its prospects for growth and its ability to meet the deficit target.